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

Issuer & Securities

Issuer/ Manager
HOSEN GROUP LTD.
Securities
HOSEN GROUP LTD - SG1Q03920366 - 5EV
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
23-Nov-2016 18:40:04
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference
SG161123OTHR5FVT
Submitted By (Co./ Ind. Name)
Lim Hai Cheok
Designation
Chief Executive Officer
Effective Date and Time of the event
23/11/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
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") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not 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 accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Thomas Lam, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Start date for mandate of daily share buy-back
29/04/2016

Section A

Name of Overseas exchange where company has dual listing
Nil
Maximum number of shares authorised for purchase
32,731,084
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase23/11/2016
Total Number of shares purchased890,000
Number of shares cancelled0
Number of shares held as treasury shares890,000
Price Paid per share
Price Paid per shareSGD 0.04
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 35,722

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 Acquisition2,410,0000.74
By way off Market Acquisition on equal access scheme00
Total2,410,0000.74
#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
324,900,846
Number of treasury shares held after purchase
32,278,000