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ADDENDUM
1.5.2 Voting and other rights
The Company cannot exercise any right in respect of treasury shares. In particular, the Company cannot exercise any right to attend or vote
at meetings and for the purposes of the Companies Act, the Company shall be treated as having no right to vote and the treasury shares
shall be treated as having no voting rights.
In addition, no dividend may be paid, and no other distribution of the Company¡¯s assets may be made, to the Company in respect of
treasury shares. However, the allotment of Shares as fully paid bonus shares in respect of treasury shares is allowed. Also, a subdivision or
consolidation of any treasury share into treasury shares of a smaller amount is allowed so long as the total value of the treasury shares after
the subdivision or consolidation is the same as before.
1.5.3 Disposal and cancellation
Where Shares are held as treasury shares, the Company may at any time:
(a)
sell the treasury shares (or any of them) for cash;
(b)
transfer the treasury shares (or any of them) for the purposes of or pursuant to any share scheme, whether for employees, Directors
or other persons;
(c)
transfer the treasury shares (or any of them) as consideration for the acquisition of shares in or assets of another company or assets
of a person;
(d)
cancel the treasury shares (or any of them); or
(e)
sell, transfer or otherwise use the treasury shares for such other purposes as the Minister for Finance may by order prescribe.
Pursuant to Rule 704(31) of the Listing Manual, the Company will immediately announce any sale, transfer, cancellation and/or use of
treasury shares, stating the following:
(i)
date of the sale, transfer, cancellation and/or use;
(ii)
purpose of such sale, transfer, cancellation and/or use;
(iii)
number of treasury shares sold, transferred, cancelled and/or used;
