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

Issuer & Securities

Issuer/ Manager
MEWAH INTERNATIONAL INC.
Securities
MEWAH INTERNATIONAL INC. - KYG6074A1085 - MV4
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
16-Oct-2014 17:57:02
Status
New
Announcement Sub Title
Share Buy Back- Daily Share Buy-Back Notice
Announcement Reference
SG141016OTHRHDF0
Submitted By (Co./ Ind. Name)
Rajesh Chopra
Designation
Group Chief Financial Officer
Effective Date and Time of the event
16/10/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
All shares purchased are held as treasury shares.

Shares were purchased at average price of SGD0.37978 which was 2.1% higher than the average of the closing prices over the last five consecutive market days.

The purchase represents 0.2551% of 1,507,061,440 issued shares in the capital of the company.

The company had obtained a Share Purchase Mandate at Annual General Meeting on 28 April 2014 to purchase not exceeding 3% of the issued shares of the company.

Additional Details

Start date for mandate of daily share buy-back
28/04/2014

Section A

Maximum number of shares authorised for purchase
45,211,000
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase16/10/2014
Total Number of shares purchased3,844,000
Number of shares cancelled0
Number of shares held as treasury shares3,844,000
Highest/ Lowest price per share
Highest Price per shareSGD 0.38
Lowest Price per shareSGD 0.37
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 1,464,404

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 Acquisition3,844,0000.2551
By way off Market Acquisition on equal access scheme00
Total3,844,0000.2551
#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
1,503,217,440
Number of treasury shares held after purchase
3,844,000