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

Issuer & Securities

Issuer/ Manager
HEALTHWAY MEDICAL CORPORATION LIMITED
Securities
HEALTHWAY MEDICAL CORP LTD - SG1X09940682 - 5NG
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
18-Sep-2019 22:34:00
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference
SG190918OTHRYSDN
Submitted By (Co./ Ind. Name)
Raymond Lam Kuo Wei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Share Buy-Back Mandate was approved by the Shareholders at the Extraordinary General Meeting held on 26 April 2019. As at 26 April 2019, the issued share capital of the Company consists of 4,528,792,100 ordinary shares excluding treasury shares.

The shares purchased will be held as treasury shares.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST. 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 person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

For the avoidance of doubt, total consideration paid or payable for the shares includes applicable goods and services tax.

Additional Details

Start date for mandate of daily share buy-back
26/04/2019

Section A

Maximum number of shares authorised for purchase
226,439,605
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase18/09/2019
Total Number of shares purchased1,477,700
Number of shares cancelled0
Number of shares held as treasury shares1,477,700
Price Paid per share
Price Paid per shareSGD 0.023
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 34,183.86

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 Acquisition10,016,2000.221167
By way off Market Acquisition on equal access scheme00
Total10,016,2000.221167
#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
4,518,775,900
Number of treasury shares held after purchase
10,016,200