O TTO M ARINE L IMITED - Microsoft Internet Explorer - SGX
O TTO M ARINE L IMITED - Microsoft Internet Explorer - SGX
O TTO M ARINE L IMITED - Microsoft Internet Explorer - SGX
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
2. There has been no previous issue of our Shares or offer for sale of our Shares to the public within the<br />
two years preceding the date of this document.<br />
3. There have been no public takeover offers by third parties in respect of our Shares or by us in respect<br />
of other companies’ shares which have occurred during the last and current financial year.<br />
4. No amount of cash or securities or benefit has been paid or given to any promoter within the two<br />
years preceding the Latest Practicable Date or is proposed or intended to be paid or given to any promoter at<br />
any time.<br />
5. Save as disclosed in the section “Plan of Distribution”, no commission, discount or brokerage has been<br />
paid or other special terms granted within the two years preceding the Latest Practicable Date or is payable to<br />
any Director, promoter, expert, proposed director or any other person for subscribing or agreeing to subscribe<br />
or procuring or agreeing to procure subscriptions for any shares in, or debentures of, ours or any of our<br />
subsidiaries.<br />
6. No expert is employed on a contingent basis by us or has an interest, directly or indirectly, in the<br />
promotion of, or in any property or assets which have, within the two years preceding the Latest Practicable<br />
Date, been acquired or disposed of by or leased to us or any of our subsidiaries or are proposed to be acquired<br />
or disposed of by or leased to us or any of our subsidiaries.<br />
7. Save as disclosed in this document, our Directors and the Vendors are not aware of any relevant<br />
material information including trading factors or risks which are unlikely to be known or anticipated by the<br />
general public and which could materially affect the profits of us and our subsidiaries.<br />
8. Save as disclosed in this document, our financial condition and operations are not likely to be affected<br />
by any of the following:<br />
(a) known trends or demands, commitments, events or uncertainties that will result in or are<br />
reasonably likely to result in our liquidity increasing or decreasing in any material way;<br />
(b) material commitments for capital expenditure;<br />
(c) unusual or infrequent events or transactions or any significant economic changes that materially<br />
affected the amount of reported income from operations; and<br />
(d) known trends or uncertainties that have had or that we reasonably expect will have a material<br />
favourable or unfavourable impact on our revenues or operating income.<br />
9. We currently have no intention of changing our auditors after our listing on the <strong>SGX</strong>-ST.<br />
10. Save as disclosed in the section “Legal Matters”, no expert named in this document:<br />
(a) is employed on a contingent basis by us or our subsidiaries;<br />
(b) has a material interest, whether direct or indirect, in our Shares or in the shares of our<br />
subsidiaries; or<br />
(c) has a material economic interest, whether direct or indirect, in us, including an interest in the<br />
success of the offer.<br />
11. As at the Latest Practicable Date, our Directors are not aware of any event which has occurred since<br />
31 May 2008 which may have a material effect on our financial position and results that is not yet disclosed<br />
in the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of<br />
Operations” and “Capitalisation and Indebtedness” of this document.<br />
Responsibility Statement by Our Directors and the Vendors<br />
This document has been seen and approved by our Directors and the Vendors and they individually and<br />
collectively accept full responsibility for the accuracy of the information given herein and confirm, having<br />
made all reasonable enquiries, that to the best of their knowledge and belief, the facts stated and the opinions<br />
expressed herein are fair and accurate in all material respects as at the date hereof and there are no material<br />
facts the omission of which would make any statements in this document misleading and that this document<br />
constitutes full and true disclosure of all material facts about us and the Offering.<br />
200