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

In the event of an over-subscription for the Offer Shares as at the close of the Application List and/or the
Placement Shares are fully subscribed or over-subscribed as at the close of the Application List, the
successful applications for the Offer Shares will be determined by ballot or otherwise as determined by
our Directors and approved by the SGX-ST.
Placement Shares (Excluding Reserved Shares)
Application for the Placement Shares may only be made by way of Application Forms. The terms and
conditions and procedures for application and acceptance are described in Appendix A on pages A-1 to
A-13 of this Prospectus.
Pursuant to the terms and conditions in the Placement Agreement signed between our Company and the
Joint Lead Placement Agents dated 12 March 2003, the Joint Lead Placement Agents have agreed to
subscribe for or procure subscriptions for the Placement Shares at the Issue Price.
In the event of an under-subscription for the Placement Shares as at the close of the Application List,
that number of Placement Shares not subscribed for shall be made available to satisfy excess
applications for the Offer Shares to the extent that there is an over-subscription for the Offer Shares as at
the close of the Application List.
Reserved Shares
To recognise contributions to our Group, we have reserved up to 3,500,000 Placement Shares for
subscription by the management and staff, business associates and those who have contributed to the
success of our Group at the Reserved Share Price. These Reserved Shares are not subject to any
moratorium and may be disposed of after the admission of our Company to the Official List of the SGX-
ST. In the event that any of the Reserved Shares are not taken up, they will be made available to satisfy
excess applications for the Placement Shares to the extent there is an over-subscription for the
Placement Shares as at the close of the Application List or, in the event of an under-subscription for the
Placement Shares as at the close of the Application List, to satisfy excess applications made by
members of the public for the Offer Shares to the extent there is an over-subscription for the Offer
Shares as at the close of the Application List.
None of our Directors or Substantial Shareholder intends to subscribe for the Invitation Shares in the
Invitation. To the best of our knowledge, we are unaware of any person who intends to subscribe for
more than 5% of the Invitation Shares. However, through a book-building process to assess market
demand for our Shares, there may be person(s) who may indicate his interest to subscribe for more than
5% of the Invitation Shares. If such person(s) were to make an application for more than 5% of the
Invitation Shares pursuant to the Invitation and subsequently allocated or allotted such number of
Shares, we will make the necessary announcements at an appropriate time.
Further, no Shares shall be allocated or allotted on the basis of this Prospectus later than six months
after the date of this Prospectus.
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