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

Issuer & Securities

Issuer/ Manager
KOUFU GROUP LIMITED
Securities
KOUFU GROUP LIMITED - SGXE10224322 - VL6
Stapled Security
No

Announcement Details

Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
24-Jun-2019 18:34:00
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy Back Notice
Announcement Reference
SG190624OTHRQ5DE
Submitted By (Co./ Ind. Name)
Chua Sher Lin
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Share buy-back by way of market acquisition.

DBS Bank Ltd. is the sole issue manager, global coordinator, bookrunner and underwriter (the "Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter") for the initial public offering of shares in, and listing of, Koufu Group Limited on the Main Board of the Singapore Exchange Securities Trading Limited. The Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter assumes no responsibility for the contents of this announcement.

Additional Details

Start date for mandate of daily share buy-back
24/04/2019

Section A

Maximum number of shares authorised for purchase
55,516,300
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase24/06/2019
Total Number of shares purchased150,000
Number of shares cancelled0
Number of shares held as treasury shares150,000
Price Paid per share
Price Paid per shareSGD 0.68
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the sharesSGD 102,152.8

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 Acquisition349,3000.063
By way off Market Acquisition on equal access scheme00
Total349,3000.063
#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
554,813,700
Number of treasury shares held after purchase
349,300