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

“Rules” The rules of the ESOS, as the same may be amended from
time to time
“Scheme” or “ESOS” The Ocean Sky Share Option Scheme, as modified or altered
from time to time
“SGX-ST” The Singapore Exchange Securities Trading Limited
“Shareholders” The registered holders of the Shares or in the case of
Depositors, Depositors who have Shares entered against
their names in the Depository Register
“Shares” Fully-paid ordinary shares of S$0.05 each in the capital of the
Company
“Exercise Price” The price at which a participant shall subscribe for each
Share upon the exercise of an Option as determined in
accordance with Rule 8.1(a) in relation to a Market Price
Option, and Rule 8.1(b) in relation to an Incentive Option
“$” Singapore dollars
“%” Per centum
2.2 For the purposes of the ESOS:-
(a) in relation to a company (including, where the context requires, the Company), “control”
means the capacity to dominate decision-making directly or indirectly, in relation to the
financial and operating policies of that company;
(b) unless rebutted, a person who holds directly or indirectly, a shareholding of 15% or more of
the Company’s issued share capital shall be presumed to be a Controlling Shareholder; and
(c) in relation to a Controlling Shareholder, its “associate” has the meaning assigned to it in the
Listing Manual.
2.3 Any reference in the ESOS to any enactment is a reference to that enactment as for the time being
amended or re-enacted. Any word defined under the Act and used in these Rules shall have the
meaning assigned to it under the Act.
2.4 Words importing the singular number shall include the plural number where the context admits and
vice versa. Words importing the masculine gender shall include the feminine gender where the
context admits.
2.5 Any reference to a time of day shall be a reference to Singapore time.
D - 3