A N N U A L R E P O R T 2 0 1 6
162
ADDENDUM
Off-Market Purchase
For illustrative purposes only
, in an Off-Market Purchase, assuming that the Maximum Price is S$0.85, which is 125% 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 on which the Company makes an announcement of the offer under the
Off-Market Purchase scheme), the maximum amount of funds required for the purchase of up to 6,637,367 Shares is S$5,641,762. On this
assumption, the impact of the Share Buy-back by the Company undertaken in accordance with the proposed Share Buy-back Mandate on
the Company＊s and the Group＊s audited financial statements for the financial year ended 31 March 2016 is as follows:
Company
Group
As at 31 March 2016
Before the
Share
Buy-back
After the
Share
Buy-back
Before the
Share
Buy-back
After the
Share
Buy-back
Shareholders＊ Equity (S$＊000)
20,493
14,852
34,615
28,974
NTA (S$＊000)
20,493
14,852
34,230
28,589
Current Assets (S$＊000)
16,353
10,712
23,138
17,497
Current Liabilities (S$ ＆000)
1,773
1,773
10,940
10,940
Working Capital (S$ ＆000)
14,580
8,939
12,198
6,557
Total Borrowings (S$ ＆000)
每
每
8,309
8,309
Cash & Cash Equivalents (S$ ＆000)
6,594
953
19,407
13,766
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
12.94
28.20
24.92
Basic EPS (cents)
4.54
4.80
4.10
4.33
Debt Equity Ratio (%)
每
每
24.0
28.7
Current Ratio (times)
9.2
6.0
2.1
1.6
