NOTICE OF EXPIRY OF WARRANT - FinanzNachrichten.de

More documents

Recommendations

Info

M Development Limited Notice of expiry of W130802 Warrants BOARDROOM CORPORATE & ADVISORY SERVICES PTE LTD 50 Raffles Place #32-01 Singapore Land Tower Singapore 048623 Telephone No.: (65) 6536 5355 Business Hours: 8.30 a.m. to 5.30 p.m. from Mondays to Fridays (Closed on Saturdays, Sundays and Public Holidays) Completed Subscription Form must be delivered to the Warrant Agent not later than 5.00 p.m. on Friday, 2 August 2013, together with the following:- 1. (a) where the W130802 Warrants are not registered in the name of The Central Depository (Pte) Limited (“CDP”), the Warrant holders must produce the relevant Warrant Certificate(s); or (b) where the W130802 Warrants are registered in the name of CDP, Warrant holders should note that the exercise of their W130802 Warrants is conditional upon, inter alia, the number of W130802 Warrants so exercised being available in the “Free Balance” of their securities accounts with CDP. 2. Furnish such evidence (if any, including evidence of nationality) as the Warrant Agent may require to determine the due execution of the Subscription Form by or on behalf of the exercising Warrant holder (including every joint Warrant holder, if any); 3. Pay any deposit or other fees for the time being chargeable by and payable to CDP (if any) or any stamp issue, registration or other similar taxes or duties arising on the exercise of the relevant W130802 Warrants as the Warrant Agent may require; 4. If applicable, pay any fees for certificates of the New Shares to be issued and the expenses of, and submit any necessary documents required in order to effect the delivery of, certificates for the New Shares, upon exercise of the relevant W130802 Warrants to the place specified by the exercising Warrant holder in the Subscription Form; and 5. Pay the Exercise Price: (a) by way of a remittance in Singapore currency by banker’s draft or cashier’s order drawn on a bank operating in Singapore, for the credit of “M Development Limited” for the full amount of the Exercise Price payable in respect of the W130802 Warrants exercised; or (b) by debiting the relevant Warrant holder’s CPF Investment Account with the CPF Approved Bank as specified in the Subscription Form, for the credit of the Company; or (c) partly in the form of a remittance in accordance with this paragraph 5(a) above and/or partly by debiting such Warrant holder’s CPF Investment Account with the CPF Approved Bank in accordance with this paragraph 5(b) above for the credit of the Special Account such that the aggregate amount of such remittance and/or the amount debited by the CPF Approved Bank is equal to the full amount of the Exercise Price payable in respect of the W130802 Warrants exercised; 2
M Development Limited Notice of expiry of W130802 Warrants Provided always that: (i) all payments shall be made free of any foreign exchange commission, remittance charge or other deduction and any banker’s draft or cashier’s order shall be endorsed on the reverse side with the number of W130802 Warrants exercised and, if the relevant Warrant Certificate is registered in the name of a person other than the Depository, the certificate number of the relevant Warrant Certificate or, if the relevant Warrant Certificate is registered in the name of the Depository, the Securities Account number of the exercising Warrant holder which is to be debited with the number of W130802 Warrants being exercised and the name of the exercising Warrant holder; and (ii) in each case compliance must also be made with any exchange control or other statutory requirement for the time being applicable. If the Warrant holders are not in Singapore, the person exercising the W130802 Warrants on behalf of such Warrant holders must produce to the Warrant Agent, a Power of Attorney from such Warrant holder authorising the due execution of the Subscription Form by or on behalf of such Warrant holder (including every joint holder, if any). Any New Shares arising from such exercise of the W130802 Warrants shall rank pari passu in all respects with the then existing Shares of the Company save for dividends, rights, allotments and other distribution that may be declared or paid, the record date for which is on or before the relevant exercise date of the W130802 Warrants. Record date in this context means, in relation to any dividends, rights, allotments or other distribution, the date at the close of business (or such other times as may be notified by the Company) on which members must be registered in order to participate in such dividends, rights, allotments or other distributions. LAST DAY FOR TRADING IN W130802 WARRANTS The last day for trading in the W130802 Warrants on the Singapore Exchange Securities Trading Limited (“SGX-ST”) will be Friday, 26 July 2013, and trading will cease with effect from 9.00 a.m. on Monday, 29 July 2013. The W130802 Warrants will then be de-listed from Official List of the SGX-ST from 9:00 a.m. on Monday, 5 August 2013. AFTER THE CLOSE OF BUSINESS AT 5.00 P.M. ON Friday, 2 August 2013, ANY SUBSCRIPTION RIGHTS UNDER THE W130802 WARRANTS WHICH HAVE NOT BEEN EXERCISED AS AFORESAID WILL LAPSE AND EVERY W130802 WARRANT WILL THEREAFTER CEASE TO BE VALID FOR ANY PURPOSE WHATSOVER. By Order of the Board Huang Wen-Lai Executive Chairman and Director 1 July 2013 3
Page 1: M DEVELOPMENT LTD. (Company Registr

NOTICE OF EXPIRY OF WARRANT - FinanzNachrichten.de

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?