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
29-Oct-2014 17:18:30
Status
New
Announcement Sub Title
Share Buy Back- Daily Share Buy Back Notice
Announcement Reference
SG141029OTHRM661
Submitted By (Co./ Ind. Name)
Rajesh Chopra
Designation
Group Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
The shares purchased are treated as cancelled immediately.
Shares were purchased at average price of SGD0.38 which was 1.3% higher than the average of the closing prices over the last five consecutive market days.
The Company has purchased total of 0.4243% of 1,507,061,440 shares against the Share Purchase Mandate obtained at Annual General Meeting on 28 April 2014 to purchase not exceeding 3% of the issued shares of the Company.
(This announcement shall supersede the previous Daily Share Buy-Back announcement made on 20 October 2014 with announcement reference number of SG141020OTHRW5BV.)
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 Purchase
20/10/2014
Total Number of shares purchased
500,000
Number of shares cancelled
500,000
Number of shares held as treasury shares
0
Price Paid per share
Price Paid per share
SGD 0.38
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 190,589.57
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 Acquisition
6,394,000
0.4243
By way off Market Acquisition on equal access scheme
0
0
Total
6,394,000
0.4243
#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
1,500,667,440
Number of treasury shares held after purchase
0
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