Share Buy Back - Daily Share Buy-Back Notice::DAILY SHARE BUY-BACK NOTICE

Issuer & Securities

Issuer/ Manager
JASON MARINE GROUP LIMITED
Securities
JASON MARINE GROUP LIMITED - SG1Y80949072 - 5PF

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
10-Jun-2014 18:40:23
Status
New
Announcement Sub Title
DAILY SHARE BUY-BACK NOTICE
Announcement Reference
SG140610OTHRN9HA
Submitted By (Co./ Ind. Name)
Foo Chew Tuck
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The percentage of the cumulative number of shares purchased to-date is calculated based on 106,000,000 issued shares in the capital of the Company excluding treasury shares pursuant to the share buy-back resolution passed at the Annual General Meeting held on 25 July 2013.

This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist (the "Catalist Rules"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact persons for the Sponsor are Mr Benjamin Choy (Director, Corporate Finance) and Ms Tan Cher Ting (Director, Corporate Finance) at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone (65) 63375115.

Additional Details

Start date for mandate of daily share buy-back
25/07/2013

Section A

Maximum number of shares authorised for purchase
10600000
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase10/06/2014
Total Number of shares purchased250000
Number of shares cancelled0
Number of shares held as treasury shares250000
Price Paid per share
Price Paid per shareSGD 0.24SGD 0
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 60,282.49SGD 0

Section B

Purchase made by way of off-market acquisition on equal access scheme
No

Section C

Cumulative No. of shares purchased to date
Number
Percentage
By way of Market Acquisition2500000.236
By way off Market Acquisition on equal access scheme00
Total2500000.236
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
#From the date on which share buy-back mandate is obtained

Section D

Number of issued shares excluding treasury shares after purchase
105750000
Number of treasury shares held after purchase
250000