Samudera Shipping Line : Circular (0.29 MB)

About this update from Samudera Shipping Line Ltd

CIRCULAR DATED 11 APRIL 2025 THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. PLEASE READ IT CAREFULLY. If you are in any doubt about the contents of this Circular or the action you should take, you should consult your bank manager, stockbroker, solicitor, accountant or other professional adviser immediately. If you have sold or transferred all your Shares in the capital of the Company, you should forward this Circular, the notice of EGM and the attached proxy form immediately to the purchaser or transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for onward transmission to the purchaser or transferee. SGX-ST assumes no responsibility for the correctness of any of the statements made, reports contained or opinions expressed in this Circular. SAMUDERA SAMUDERA SHIPPING LINE LTD (Incorporated in the Republic of Singapore) Company Registration Number: 199308462C CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENEWAL OF THE SHARE BUYBACK MANDATE IMPORTANT DATES AND TIMES: Last date and time for lodgement of Proxy Form Date and time of EGM 26 April 2025 at 10.30 a.m. 29 April 2025 at 10.30 a.m. (or soon thereafter following the conclusion of the AGM of the Company to be held at 10.00 a.m. on the same day at the same place). Place of EGM : Pan Pacific Singapore, 7 Raffles Boulevard, Marina Square, Singapore 039595, Pacific 3 at Level 1 (This page is intentionally left blank) CONTENTS 1. INTRODUCTION 4 2. THE PROPOSED RENEWAL OF SHARE BUYBACK MANDATE 4 3. DIRECTORS' AND SUBSTANTIAL SHAREHOLDERS' INTERESTS IN SHARES 16 4. DIRECTORS' RECOMMENDATION 17 5. EXTRAORDINARY GENERAL MEETING 17 6. ACTION TO BE TAKEN BY SHAREHOLDERS 17 7. DIRECTORS' RESPONSIBILITY 17 8. LEGAL ADVISER 17 9. DOCUMENTS AVAILABLE FOR INSPECTION 17 NOTICE OF EXTRAORDINARY GENERAL MEETING 18 PROXY FORM 23 1 DEFINITIONS In this Circular, the following definitions apply throughout unless the context otherwise requires or otherwise stated: - "AGM" : Annual general meeting of the Company. "Board" : The board of directors of the Company. "CDP" or "Depository" : The Central Depository (Pte) Limited. "Circular" : This circular to Shareholders dated 11 April 2025. "Companies Act" : The Companies Act 1967 of Singapore as amended or modified from time to time. "Constitution" : The constitution of the Company. "Directors" : The directo...

View stock analysis, news, and events for Samudera Shipping Line Ltd