NOTICE OF ANNUAL GENERAL MEETING
(b)
(notwithstanding the authority conferred by this Resolution may have ceased to be in force) issue shares in pursuance
of any Instrument made or granted by the Directors while this Resolution was in force,
provided that:
(i)
the aggregate number of shares to be issued pursuant to this Resolution (including shares to be issued in
pursuance of Instruments made or granted pursuant to this Resolution) does not exceed 50% of the issued
shares in the capital of the Company (as calculated in accordance with sub-paragraph (ii) below), of which
the aggregate number of shares to be issued other than on a
pro-rata
basis to shareholders of the Company
(including shares to be issued in pursuance of Instruments made or granted pursuant to this Resolution)
does not exceed 20% of the issued shares in the capital of the Company (as calculated in accordance with
sub-paragraph (ii) below);
(ii)
(subject to such manner of calculation as may be prescribed by the Singapore Exchange Securities
Trading Limited) for the purpose of determining the aggregate number of shares that may be issued under
sub-paragraph (i) above, the percentage of issued shares shall be based on the number of issued shares in
the capital of the Company at the time of the passing of this Resolution, after adjusting for:
A.
new shares arising from the conversion or exercise of any convertible securities or share options
or vesting of share awards which are outstanding or subsisting at the time of the passing of this
Resolution; and
B.
any subsequent consolidation or subdivision of shares;
(iii)
in exercising the authority conferred by this Resolution, the Company shall comply with the provisions of
the Listing Manual of the Singapore Exchange Securities Trading Limited for the time being in force (unless
such compliance has been waived by the Singapore Exchange Securities Trading Limited) and the Articles
of Association for the time being of the Company; and
(iv)
(unless revoked or varied by the Company in general meeting) the authority conferred by this Resolution
shall continue in force until the conclusion of the next Annual General Meeting of the Company or the
date by which the next Annual General Meeting of the Company is required by law to be held, whichever
is the earlier.”
8.
To transact any other ordinary business of the Company
By Order of the Board
Aldric Tan Jee Wei
Secretary
Singapore
10 April 2015
176
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014
