SAILING THE SEAS OF SUCCESS - Swissco Holdings Limited
SAILING THE SEAS OF SUCCESS - Swissco Holdings Limited
SAILING THE SEAS OF SUCCESS - Swissco Holdings Limited
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NOTICE <strong>OF</strong> FIRST ANNUAL GENERAL MEETING<br />
(iii)<br />
unless revoked or varied by the Company in general meeting, such authority conferred<br />
by this Resolution shall continue in force until the conclusion of the next Annual General<br />
Meeting of the Company or the date by which the next Annual General Meeting of<br />
the Company is required by law to be held, whichever is the earlier.” [[see Explanatory<br />
Note (f)]<br />
9. “That the participation in the <strong>Swissco</strong> Share Option Scheme (the “Share Option Scheme”) by Mr<br />
Yeo Chong Lin, who is a Controlling Shareholder of the Company (as defined in the Share Option<br />
Scheme), be and is hereby approved.”[[see Explanatory Note(g) and (h)]<br />
10. “That contingent upon the passing of Ordinary Resolution 10 above, that approval be and<br />
is hereby given to the Directors and any committee appointed by them to offer and grant,<br />
on the terms of and pursuant to the Rules of the Share Option Scheme to Mr Yeo Chong Lin,<br />
options under the Share Option Scheme to subscribe for 300,000 ordinary shares of $0.08 each<br />
in the capital of the Company (“Shares”) at a subscription price equal to the average of the last<br />
dealt prices for a share for the five (5) consecutive market days immediately preceding the latest<br />
practicable date prior to the date of the notice of this Annual General Meeting”. [see Explanatory<br />
Note (g)and (h)]<br />
11. “That the participation in the <strong>Swissco</strong> Share Option Scheme (the “Share Option Scheme”) by Mr<br />
Alex Yeo Kian Teong, who is a Controlling Shareholder of the Company (as defined in the Share<br />
Option Scheme), be and is hereby approved.”[[see Explanatory Note(g) and (i)]<br />
12. “That contingent upon the passing of Ordinary Resolution 12 above, that approval be and is<br />
hereby given to the Directors and any committee appointed by them to offer and grant, on<br />
the terms of and pursuant to the Rules of the Share Option Scheme to Mr Alex Yeo Kian Teong,<br />
options under the Share Option Scheme to subscribe for 300,000 ordinary shares of $0.08 each<br />
in the capital of the Company (“Shares”) at a subscription price equal to the average of the last<br />
dealt prices for a share for the five (5) consecutive market days immediately preceding the latest<br />
practicable date prior to the date of the notice of this Annual General Meeting.” [(see Explanatory<br />
Note (g) and (i)]<br />
13. “That the directors be and are hereby authorised to allot and issue from time to time such<br />
number of shares in the capital of the Company as may be required to be issued pursuant to the<br />
exercise of the options under the <strong>Swissco</strong> Share Option Scheme (the “Share Option Scheme”),<br />
provided always that the aggregate number of shares to be issued pursuant to the Share Option<br />
Scheme shall not exceed fifteen percent (15%) of the total issued share capital of the Company<br />
from time to time.”[[see Explanatory Note(j)]<br />
Resolution 10<br />
Resolution 11<br />
Resolution 12<br />
Resolution 13<br />
Resolution 14<br />
By Order of the Board<br />
Tan Ching Chek<br />
Company Secretary<br />
Dated: 13 April 2005<br />
Explanatory Notes to Ordinary and Special Business to be transacted: -<br />
(a)<br />
(b)<br />
Mr Alex Yeo Kian Teong will continue to be a member of the Remuneration Committee and Nominating<br />
Committee upon his re-election as a Director of the Company.<br />
Mr Rohan Kamis, the Chairman of the Audit Committee and a member of the Remuneration Committee will<br />
continue in office as Chairman of the Audit Committee and a member of the Remuneration Committee upon his<br />
ANNUAL REPORT 2004_55