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A N N U A L R E P O R T 2 0 1 6
ADDENDUM
1.7.3.1 Purchases made entirely out of capital and held as treasury shares
Market Purchase
For illustrative purposes only
, in a Market Purchase, assuming that the Maximum Price is S$0.71, which is 105% of the average of the
closing market prices of the Shares over the last five (5) Market Days on the Catalist, on which transactions in the Shares were recorded,
immediately preceding the Latest Practicable Date (being the date of the Market Purchase by the Company), and which is deemed to
be adjusted in accordance with the Listing Manual for any corporate action occurring after the relevant period of the five (5) Market Days
period, the maximum amount of funds required for the purchase of up to 6,637,367 Shares is S$4,712,531. On this assumption, the impact
of the Share Buy-back by the Company undertaken in accordance with the proposed Share Buy-back Mandate on the Company＊s and the
Group＊s audited financial statements for the financial year ended 31 March 2016 is as follows:
Company
Group
As at 31 March 2016
Before the
Share
Buy-back
After the
Share
Buy-back
Before the
Share
Buy-back
After the
Share
Buy-back
Shareholders＊ Equity (S$＊000)
20,493
15,781
34,615
29,903
NTA (S$＊000)
20,493
15,781
34,230
29,518
Current Assets (S$＊000)
16,353
11,641
23,138
18,426
Current Liabilities (S$ ＆000)
1,773
1,773
10,940
10,940
Working Capital (S$ ＆000)
14,580
9,868
12,198
7,486
Total Borrowings (S$ ＆000)
每
每
8,309
8,309
Cash & Cash Equivalents (S$ ＆000)
6,594
1,882
19,407
14,695
Net Profit (S$ ＆000)
5,506
5,506
4,973
4,973
Number of Shares (＆000)
121,375
114,738
121,375
114,738
Financial Ratios
NTA per Share (cents)
16.88
13.75
28.20
25.73
Basic EPS (cents)
4.54
4.80
4.10
4.33
Debt Equity Ratio (%)
每
每
24.0
27.8
Current Ratio (times)
9.2
6.6
2.1
1.7
