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

Issuer & Securities

Issuer/ Manager
SOUTHERN ALLIANCE MINING LTD.
Securities
SOUTHERN ALLIANCE MINING LTD. - SGXE41674636 - QNS
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
11-Nov-2022 18:52:56
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference
SG221111OTHRT48U
Submitted By (Co./ Ind. Name)
Dato' Sri Pek Kok Sam
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
Share buy-back by way of market acquisition.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Shervyn Essex, at 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Start date for mandate of daily share buy-back
26/11/2021

Section A

Maximum number of shares authorised for purchase
48,900,000
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase11/11/2022
Total Number of shares purchased30,000
Number of shares cancelled0
Number of shares held as treasury shares30,000
Highest/ Lowest price per share
Highest Price per shareSGD 0.42
Lowest Price per shareSGD 0.415
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 12,548.62

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 Acquisition241,0000.049
By way off Market Acquisition on equal access scheme00
Total241,0000.049
#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
488,759,000
Number of treasury shares held after purchase
241,000