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

Issuer & Securities

Issuer/ Manager
KARIN TECHNOLOGY HLDGS LIMITED
Securities
KARIN TECHNOLOGY HLDGS LIMITED - BMG521971033 - K29
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
23-Feb-2016 18:05:20
Status
New
Announcement Sub Title
Share Buy Back- Daily Share Buy Back Notice
Announcement Reference
SG160223OTHRIGO7
Submitted By (Co./ Ind. Name)
Wong Chi Cheung, Clarence
Designation
Financial Controller/ Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
1. As at the date of the share buyback resolution passed on 28 October 2015, the issued share capital (excluding treasury shares) consists of 214,410,000 ordinary shares.

2. The shares bought back under the Share Buyback Mandate in this announcement are held as treasury shares.

3. The number of treasury shares held after purchase is the cumulative number of ordinary shares purchased and held in treasury as at to-date is 826,500.

Additional Details

Start date for mandate of daily share buy-back
23/02/2016

Section A

Maximum number of shares authorised for purchase
21,441,000
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase23/02/2016
Total Number of shares purchased200,000
Number of shares cancelled0
Number of shares held as treasury shares200,000
Price Paid per share
Price Paid per shareSGD 0.27
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 54,156.6

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 Acquisition826,5000.385
By way off Market Acquisition on equal access scheme00
Total826,5000.385
#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
213,583,500
Number of treasury shares held after purchase
826,500