FRONTLINE COVER FA 070606 CR2.indd

More documents

Recommendations

Info

108 frontline technologies corporation ltd annual report 2006 > explanatory notes to notice of annual general meeting (“notice”) 8.3 Duration of Shares Issue Mandate. The Shares Issue Mandate will take effect from the passing of the resolution approving the Shares Issue Mandate at this AGM and will continue in force until the next AGM of the Company unless prior thereto, issues of shares are made to the full extent permitted by the Shares Issue Mandate or the Shares Issue Mandate is revoked or varied by the Company in general meeting. The Shares Issue Mandate, in the form proposed, is intended to be placed before Shareholders for renewal at each subsequent AGM of the Company. 8.4 Rationale for Shares Issue Mandate. If approved, the Shares Issue Mandate will, in addition to the usual authority to issue shares, enable the Company to make or grant Instruments during the validity period of the Shares Issue Mandate, and to issue shares in pursuance of such Instruments subject to the specified limits. A general (as opposed to specific) approval for the Directors to make or grant Instruments will also enable the Company to act quickly and take advantage of market conditions. The expense and delay of otherwise having to convene general meetings of the Company to approve the making or granting of each specific Instrument would thus be avoided. It is for the above reasons that the Directors believe that the Shares Issue Mandate in the extended form, as proposed, would be in the best interests of the Company and its Shareholders. 9. Directors’ Recommendations 9.1 Authority to grant options and issue shares under Frontline Technologies Corporation Ltd Share Option Scheme 2000. The Directors are of the opinion that the proposed renewal of the Shares Purchase Mandate is in the best interests of the Company. Accordingly, they recommend that Shareholders vote in favour of Resolution 6, being the Ordinary Resolution relating to the proposed grant of authority to grant options and issue shares under Frontline Technologies Corporation Ltd Share Option Scheme 2000. 9.2 Shares Purchase Mandate. The Directors are of the opinion that the proposed renewal of the Shares Purchase Mandate is in the best interests of the Company. Accordingly, they recommend that Shareholders vote in favour of Resolution 7, being the Ordinary Resolution relating to the proposed Share Purchase Mandate. 9.3 Shares Issue Mandate. The Directors are of the opinion that the proposed Shares Issue Mandate is in the best interests of the Company. Accordingly, they recommend that Shareholders vote in favour of Resolution 8 being the Ordinary Resolution relating to the proposed Shares Issue Mandate. 10. Directors’ Responsibility Statement The Directors collectively and individually accept responsibility for the accuracy of the information given in this Notice and confirm, having made all reasonable enquiries, that to the best of their knowledge and belief, the facts stated and the opinions expressed in this Notice are fair and accurate and that there are no material facts the omission of which would make any statement in this Notice misleading.
frontline technologies corporation ltd annual report 2006 109 > explanatory notes to notice of annual general meeting (“notice”) 11. Documents For Inspection The following documents are available for inspection at the registered office of the Company at 750 Chai Chee Road #02-01/03 Technopark @ Chai Chee Singapore 469000 during normal business hours from the date of this Notice up to and including the date of the AGM: (a) The 2002 Circular. (b) Frontline Technologies Corporation Ltd Share Option Scheme 2000.
Page 1 and 2:
NO ORDINARY IT SERVICE PROVIDER fro
Page 3 and 4:
frontline technologies corporation
Page 5 and 6:
Page 7 and 8:
Page 9 and 10:
Page 11 and 12:
Page 13 and 14:
Page 15 and 16:
Page 17 and 18:
Page 19 and 20:
Page 21 and 22:
Page 23 and 24:
Page 25 and 26:
Page 27 and 28:
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60: frontline technologies corporation
Page 109: frontline technologies corporation
Page 120: Frontline Technologies Corporation
show all

FRONTLINE COVER FA 070606 CR2.indd

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

Delete template?

Save as template?