Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice

Issuer & Securities

Issuer/ Manager
IFAST CORPORATION LTD.
Securities
IFAST CORPORATION LTD. - SG1AF5000000 - AIY
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
11-Nov-2016 18:09:45
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG161111OTHRVKVR
Submitted By (Co./ Ind. Name)
Lim Chung Chun
Designation
Chairman/ Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
1. As at the date of the share buyback resolution passed on 8 April 2016, the issued share capital (excluding treasury shares) consists of 261,057,801 ordinary shares.

2. The shares bought back under the Share Buyback Mandate in this announcement are held as treasury shares.

3. The number of treasury shares held after purchase is the cumulative number of ordinary shares purchased and held in treasury as at to-date is 2,295,300.



The initial public offering of shares and listing of iFAST Corporation Ltd. on the Main Board of the Singapore Exchange Securities Trading Limited was jointly sponsored by DBS Bank Ltd. and RHB Securities Singapore Pte. Ltd. (formerly known as DMG & Partners Securities Pte Ltd) as joint issue managers, bookrunners and underwriters ("Joint Issue Managers, Bookrunners and Underwriters"). The Joint Issue Managers, Bookrunners and Underwriters assume no responsibility for the contents of this announcement.

Additional Details

Start date for mandate of daily share buy-back
08/04/2016

Section A

Maximum number of shares authorised for purchase
26,105,780
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase11/11/2016
Total Number of shares purchased55,900
Number of shares cancelled0
Number of shares held as treasury shares55,900
Price Paid per share
Price Paid per shareSGD 0.84708
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 47,387.25

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 Acquisition2,295,3000.8792
By way off Market Acquisition on equal access scheme00
Total2,295,3000.8792
#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
262,602,715
Number of treasury shares held after purchase
2,295,300