Share Buy Back - Daily Share Buy-Back Notice::Share Buy Back - Daily Share Buy-Back Notice
Issuer & Securities
Issuer/ Manager
IFAST CORPORATION LTD.
Securities
IFAST CORPORATION LTD. - SG1AF5000000 - AIY
Stapled Security
No
Announcement Details
Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast
22-Jun-2016 18:55:04
Status
New
Announcement Sub Title
Share Buy Back - Daily Share Buy-Back Notice
Announcement Reference
SG160622OTHREX1B
Submitted By (Co./ Ind. Name)
Lim Chung Chun
Designation
Chairman/ Chief Executive Officer
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 8 April 2016, the issued share capital (excluding treasury shares) consists of 261,057,801 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 385,700.
The initial public offering of shares and listing of iFAST Corporation Ltd. on the Main Board of the Singapore Exchange Securities Trading Limited was jointly sponsored by DBS Bank Ltd. and RHB Securities Singapore Pte. Ltd. (formerly known as DMG & Partners Securities Pte Ltd) as joint issue managers, bookrunners and underwriters ("Joint Issue Managers, Bookrunners and Underwriters"). The Joint Issue Managers, Bookrunners and Underwriters assume no responsibility for the contents of this announcement.
Additional Details
Start date for mandate of daily share buy-back
08/04/2016
Section A
Maximum number of shares authorised for purchase
26,105,780
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
22/06/2016
Total Number of shares purchased
16,500
Number of shares cancelled
0
Number of shares held as treasury shares
16,500
Price Paid per share
Price Paid per share
SGD 1.048
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 17,307.29
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
385,700
0.1477
By way off Market Acquisition on equal access scheme
0
0
Total
385,700
0.1477
#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
260,864,101
Number of treasury shares held after purchase
385,700
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