155
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTICE OF
ANNUAL GENERAL MEETING
(4)
unless revoked or varied by the Company in a general meeting, the Share
Issue Mandate shall continue in force (i) until the conclusion of the next
Annual General Meeting of the Company or the date by which the next
Annual General Meeting of the Company is required by law to be held,
whichever is earlier or (ii) in the case of shares to be issued in pursuance
of the Instruments, made or granted pursuant to this Resolution, until the
issuance of such shares in accordance with the terms of the Instruments.
[See Explanatory Note (iv)]
(Resolution 10)
7.
Renewal of the Share Purchase Mandate
That:
(a)
for the purposes of the Companies Act (Chapter 50 of Singapore) (the
“
Companies Act
”), the exercise by the Directors of the Company of all
the powers of the Company to purchase or otherwise acquire issued
ordinary shares fully paid in the capital of the Company (the “
Shares
”) not
exceeding in aggregate the Maximum Limit (as hereafter defined), at such
price(s) as may be determined by the Directors of the Company from time
to time up to the Maximum Price (as hereafter defined), whether by way
of:
(i)
market purchase(s) (each a “
Market Purchase
”) on the Singapore
Exchange Securities Trading Limited (“
SGX-ST
”); and/or
(ii)
off-market purchase(s) (each an “
Off-Market Purchase
”)
in accordance with any equal access scheme(s) as may be
determined or formulated by the Directors as they consider fit,
which scheme(s) shall satisfy all the conditions prescribed by the
Companies Act;
and otherwise in accordance with all other laws and regulations, including
but not limited to, the provisions of the Companies Act and listing rules
of the SGX-ST as may for the time being be applicable, be and is hereby
authorised and approved generally and unconditionally (the “
Share
Purchase Mandate
”);
(b)
unless varied or revoked by the members of the Company in a general
meeting, the authority conferred on the Directors of the Company pursuant
to the Share Purchase Mandate may be exercised by the Directors of the
Company at any time and from time to time during the period commencing
from the date of the passing of this Ordinary Resolution and expiring on
the earlier of:
(i)
the date on which the next annual general meeting of the Company
(“
AGM
”) is held or required by law to be held; or
