- Narrative Type
| - Narrative Text
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| Additional Text | The Company refers to the Notice of Annual General Meeting attached in this announcement. The Company wishes to clarify the following: |
| Additional Text | 1. Under Special Business, item 11 Grant of options with a discounted exercise price, the contents therein should be read as That, subject to and contingent upon the passing of Resolution 7 above, the Directors be and are hereby authorized to grant options in accordance with the rules of the YuuZoo ESOS with exercise prices set at a discount |
| Additional Text | subject to the maximum discount of 20% of the Market Price, which is the average of the last dealt prices for a share determined by reference to the daily Official List published by the SGX-ST for a period of three (3) consecutive market days immediately prior |
| Additional Text | to the relevant date of grant of the option,(as determined in accordance with the rules of the YuuZoo ESOS) rounded up to the nearest whole cent in the event of fractional price. |
| Additional Text | 2.Under Explanatory Notes, item 4, the contents therein should be read as Detailed information of Mr Ozi Amanat can be found on Appendix I of the Notice of the Annual General Meeting. Mr Ozi Amanat, upon re-election as a director of the Company, will remain to be a member of the Audit Committee and Nominating Committee. |
| Additional Text | He will be considered independent for the purpose of Rule 704(8) of the Listing Manual of SGX-ST. He has no relationship (including immediate family relationships) with other Director, the Company and the 10% shareholder. |
| Additional Text | Please refer to the attached Notice of Annual General Meeting. |
| Additional Text | Please refer to the attached Poll Results of Annual General Meeting. |