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

Pending the deployment of the net proceeds from the Invitation as
aforesaid, the net proceeds may be used to invest in short term money
market instruments, certificates of deposit, time deposits, other shortterm,
interest-bearing instruments, or to repay short-term bank
borrowings, as our Directors may deem fit.
Reserved Shares : Up to 3,500,000 of the Placement Shares will be reserved for our
management and staff, business associates and those who have
contributed to our success. In the event that any of the Reserved Shares
are not taken up, they will be made available to satisfy applications for
the Placement Shares, or in the event of an under-subscription of the
Placement Shares, to satisfy excess applications for the Offer Shares.
Listing Status : Our Shares will be quoted on the SGX-ST, subject to our admission to
the Official List of the SGX-ST and permission for dealing in and for
quotation for our Shares being granted by the SGX-ST.
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