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

Issuer & Securities

Issuer/ Manager
HRNETGROUP LIMITED
Securities
HRNETGROUP LIMITED - SG1DH2000003 - CHZ
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
24-May-2018 22:03:51
Status
New
Announcement Sub Title
Share Buy Back Notice
Announcement Reference
SG180524OTHRHYXX
Submitted By (Co./ Ind. Name)
Sim Yong Siang
Designation
Founding Chairman
Description (Please provide a detailed description of the event in the box below)
Purchase made by market acquisition.

The admission and listing of the Company on the Singapore Exchange Securities Trading Limited (the "Listing") was sponsored by Deutsche Bank AG, Singapore Branch. Credit Suisse (Singapore) Limited, Deutsche Bank AG, Singapore Branch, DBS Bank Ltd. and Nomura Singapore Limited were the joint bookrunners and underwriters for the Listing. Credit Suisse (Singapore) Limited, Deutsche Bank AG, Singapore Branch, DBS Bank Ltd. and Nomura Singapore Limited assume no responsibility for the contents of this Announcement.

Additional Details

Start date for mandate of daily share buy-back
27/04/2018

Section A

Maximum number of shares authorised for purchase
101,140,687
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase24/05/2018
Total Number of shares purchased250,000
Number of shares cancelled0
Number of shares held as treasury shares250,000
Highest/ Lowest price per share
Highest Price per shareSGD 0.865
Lowest Price per shareSGD 0.855
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 215,875.57

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 Acquisition2,790,0000.2759
By way off Market Acquisition on equal access scheme00
Total2,790,0000.2759
#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
1,008,616,872
Number of treasury shares held after purchase
2,790,000