Change - Amendment to Articles::Proposed Adoption of New Constitution

Issuer & Securities

Issuer/ Manager
SINARMAS LAND LIMITED
Securities
SINARMAS LAND LIMITED - SG1E97853881 - A26
Stapled Security
No

Announcement Details

Announcement Title
Change - Amendment to Articles
Date &Time of Broadcast
31-Mar-2017 07:08:14
Status
New
Announcement Sub Title
Proposed Adoption of New Constitution
Announcement Reference
SG170331OTHR6OEY
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Sinarmas Land Limited (the "Company") wishes to announce that the Company will be seeking the approval of its shareholders ("Shareholders") at an extraordinary general meeting ("EGM") to be convened on 25 April 2017, to update its constitutional documents (the "Constitution") to align and take into account inter alia the amendments to the Companies Act (Chapter 50) of Singapore and the prevailing listing rules ("Listing Rules") of the Singapore Exchange Securities Trading Limited (the "SGX-ST").

The existing Constitution (previously known as the memorandum and articles of association) is intended to be replaced with a new and updated Constitution (the "Proposed Adoption of New Constitution").

The Proposed Adoption of New Constitution will be subject to Shareholders' approval by way of a special resolution at the EGM.

The Company has, today, despatched a circular to Shareholders dated 31 March 2017 (the "Circular") containing inter alia further details on the Proposed Adoption of New Constitution and the Notice of the EGM ("Notice"). Copies of the Circular and the Notice are also available on www.sgx.com.

The Company also wishes to inform Shareholders that SGX-ST had, on 22 March 2017, announced amendments to the Listing Rules of the SGX-ST. These amendments are stated to take effect from 31 March 2017 to inter alia enable listed companies to use electronic communications ("Electronic Communications") to transmit annual reports and other documents to its shareholders, subject to the safeguards prescribed therein. The use of Electronic Communications will be in accordance with the Listing Rules of the SGX-ST (as amended). More information on the foregoing can be found in the Circular and the consultation response paper of the SGX-ST dated 22 March 2017 relating to inter alia the use of Electronic Communications.

By Order of the Board
SINARMAS LAND LIMITED

Ferdinand Sadeli
Director
31 March 2017