Investor Relations: News

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News

Daily Share Buy-Back Notice

BackDec 12, 2011

Part I

(A) Share Buy-Back Authority

Maximum number of shares authorised for purchase

459640000

(B) Details of Purchases Made

Purchases made by way of market acquisition

Yes

		Singapore Exchange	Overseas Exchange
1	Date of Purchases	12/12/2011
2a	Total number of shares purchased	50000
2b	Number of shares cancelled
2c	Number of shares held as treasury shares	50000
3	Price paid per share	S$ 0.126
3	Highest price per share	S$ 0.126
3	Lowest price per share	S$ 0.126
4	Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares	S$ 6346.01

II.

Purchases made by way of off market acquisition on equal access scheme?

	By way of market acquisition		By way of off-market acquisition on equal access scheme		Total
	No.	%¹	No.	%	No.	%
Cumulative no. of shares purchased to-date²	300000	0.07			300000	0.07
¹ Percentage of company's issued share capital as at the date of the share buy-back resolution ² From the date on which the share buy-back mandate is obtained

(D) Number of issued shares after purchase

Number of issued shares after purchase

459340000

II.

Number of treasury shares held after purchase

300000

Other Notes

Footnotes

As at 20 October 2011, the date on which the share buyback resolution was passed, the issued share capital consisted of 459,640,000 ordinary shares.

The shares bought back under the share buyback mandate in this announcement will be held as treasury shares.

DBS Bank Ltd. is the Joint Issue Manager, Underwriter and Placement Agent and Stirling Coleman Capital Limited is the Joint Issue Manager for the Company's listing on the SGX-ST.