Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Si2i — Corporate Update (July 2017)
7 slides from Singapore Exchange's corporate update, Jul 7, 2017
Slide 1: Presentation to SIAS on Proposed Share Buyback Programme
S i2i Limited Presentation to SIAS on Proposed Share Buyback Programme 7th July 2017
Slide 2: Disclaimer
Disclaimer This presentation and the discussion that follows may contain “forward looking statements” by Si2i Ltd (‘Si2i’) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operation, financial condition, business prospect
Slide 3: Background
Background Issues raised by shareholders In the most recent and past general meetings, minority shareholders (primarily affected by share consolidation) have expressed difficulty in disposing of their shares Following a share consolidation exercise carried out on 30 June 2015 to meet the minimum tra
Slide 4: Share buyback mandate ('SBB mandate')
Share buyback mandate (‘SBB mandate’) To address the issues faced by shareholders, the Directors on 30th May 2017 announced that they would be seeking shareholder approval to authorize the Board to purchase shares in the Company in accordance with the terms set out in the Company’s Act and the Listi
Slide 5: Key terms of SBB Mandate
Key terms of SBB Mandate Maximum number of shares No more than 10% of the total number of issued shares1 Duration of programme until the earlier of a) the maximum number of shares is acquired b) date of next AGM c) authority varied or revoked Manner of SBB and maximum purchase price Under the Listin
Slide 6: What shareholders need to do
What shareholders need to do Update address details To ensure receipt of Circular, please ensure address and other details is up to date. If in doubt, check on the SGX website for S i2i’s announcement and filing of the Circular Upon receipt of the Circular If unable to attend EGM, appoint a proxy to
Slide 7: Thank you
Thank you