O TTO M ARINE L IMITED - Microsoft Internet Explorer - SGX

liquidity, the price of such shares could fluctuate significantly as a result of only one or a small number of
trades in these shares.
The Offering Price may not be indicative of prices that will prevail in the trading market. The Offering
Price was determined by us and the Vendors, in consultation with the Underwriter, based on market conditions
and estimated market demand for our Shares. The Offering Price is the same for all Offering Shares and is
payable in full on application. You should not take the listing as an indication of the merits of the Offering,
our Group and our Shares.
There will be no stabilization activity in our Shares, and the price of our Shares could fluctuate and
decline significantly after the Offering.
Neither we the Issue Managers, the Underwriter nor any other party will engage in any over-allotments of
our Shares or any other transactions that would stabilize or maintain the market price of our Shares at levels
that might otherwise not prevail in the open market. As a result, the price of our Shares in the open market
following the Offering may be highly volatile and may experience significant fluctuations and material
declines.
Our Share price may be volatile which could result in substantial losses for investors acquiring Shares in
the Offering.
The market price of our Shares may fluctuate significantly and rapidly as a result of the following factors,
among others, some of which are beyond our control:
variations of our operating results;
changes in securities analysts’ estimates of our financial performance;
announcement by us of significant acquisitions, strategic alliances or joint ventures;
additions or departure of key personnel;
fluctuations in stock market prices and volume;
involvement in litigation;
general economic and stock market conditions;
foreign exchange fluctuations and translations; and
negative publicity on us or on any of our Directors, Executive Officers, Substantial Shareholders or
Controlling Shareholders.
The Singapore securities market is relatively small which may cause the market price of our Shares to be
more volatile.
The SGX-ST is relatively small and may be more volatile than stock exchanges in the United States and
certain other countries. As at 31 October 2008, there were 632 and 138 companies listed and quoted on the
Main Board of the SGX-ST and Catalist, respectively, and the aggregate market capitalisation of listed equity
securities of these companies was approximately S$382.9 billion. The relatively small market capitalisation of,
and trading volume on, the SGX-ST, compared to certain other global stock exchanges, may cause the market
price of securities listed on the SGX-ST, including our Shares, to fluctuate more than those listed on larger
global stock exchanges.
Singapore law may not protect Shareholders as extensively as other jurisdictions.
Our corporate affairs are governed by our Memorandum and Articles of Association, by the laws
governing corporations incorporated in Singapore and will be governed by the Listing Manual upon our
admission to the Main Board of the SGX-ST. The rights of our Shareholders and the responsibilities of our
Management and the Board of Directors under Singapore law may be different from those applicable to a
company incorporated in another jurisdiction. Principal shareholders of Singapore companies do not owe
fiduciary duties to minority shareholders, as compared, for example, to controlling shareholders in the United
States. Our public shareholders may have more difficulty in protecting their interests in connection with
actions taken by our Management, members of our Board of Directors or our principal Shareholders than they
would as shareholders of a company incorporated in another jurisdiction. See “Description of Our Shares —
Minority Rights”.
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