Ocean Sky International Limited - Ocean Sky International Ltd ...

INDICATIVE TIMETABLE FOR LISTING
In accordance with the Stock Exchange’s News Release of 28 May 1993 on the trading of initial public
offering shares on a “when issued” basis, the indicative timetable is set out below for the reference of
applicants:-
Indicative date/time Event
20 March 2003, 12.00 noon Close of Application List
21 March 2003 Balloting of applications, or otherwise as may be
approved by the SGX-ST (in the event of an oversubscription
for the Offer Shares)
24 March 2003, 9.00 a.m. Commence trading on a “when issued” basis
31 March 2003 Last day of trading on a “when issued” basis
1 April 2003, 9.00 a.m. Commence trading on a “ready” basis
4 April 2003 Settlement date for all trades done on a “when
issued” basis and for trades done on a “ready” basis
on 1 April 2003
The above timetable is only indicative as it assumes that the date of closing of the Application List will be
on 20 March 2003, the date of admission of our Shares to the Official List of the SGX-ST will be 24
March 2003, the Stock Exchange’s shareholding spread requirement will be complied with and the
Invitation Shares will be issued and fully paid-up prior to 24 March 2003. The actual date on which our
Shares will commence trading on a “when issued” basis will be announced when it is confirmed by the
Stock Exchange.
The above timetable and procedure may be subject to such modification as the Stock Exchange may, in
its discretion, decide, including the decision to permit trading on a “when issued” basis and the
commencement date of such trading. The commencement of trading on a “when issued” basis will
be entirely at the discretion of the Stock Exchange. All persons trading in our Shares on a “when
issued” basis do so at their own risk. In particular, persons trading in our Shares before their
Securities Accounts with the CDP are credited with the relevant number of Shares do so at the
risk of selling Shares which neither they nor their nominees, as the case may be, have been
allotted or allocated with or are otherwise beneficially entitled to. Such persons are also exposed
to the risk of having to cover their net sell positions earlier if “when issued” trading ends sooner
than the indicative date mentioned above. Persons who have a net sell position traded on a
“when issued” basis should close their position on or before the first day of “ready” basis
trading.
In the event of any changes in the closure of the Application List or the time period during which the
Invitation is open, we will publicly announce the same:-
(i) through a MASNET announcement to be posted on the Internet at the SGX-ST Web-site
http://www.sgx.com; and
(ii) in a local English newspaper, namely, The Straits Times.
Investors should consult the SGX-ST announcement on “ready” listing date on the Internet (at the SGX-
ST website http://www.sgx.com), INTV or the newspapers, or check with their brokers on the date on
which trading on a “ready” basis will commence.
We will provide details of the results of the Invitation through the channels in (i) and (ii) above.
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