Old Chang Kee Ltd - Annual Report 2016 - page 171

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A N N U A L R E P O R T 2 0 1 6
ADDENDUM
Purely for illustrative purposes, on the basis of 121,374,700 Shares in issue as at the Latest Practicable Date, and assuming that no further
Shares are issued on or prior to the AGM, not more than 12,137,470 Shares (representing 10% of the Shares in issue as at that date) may be
purchased or acquired by the Company pursuant to the Share Buy-back Mandate, if so approved by Shareholders at the AGM.
Assuming that the Share Buy-back Mandate is validly and fully exercised prior to the next annual general meeting and the maximum
allowed number of Shares, being 12,137,470 Shares have been purchased or acquired (on the basis that there would have been no change
to the number of Shares in issue at the time of such exercise), and that such re-purchased Shares are not acquired from Directors and
the Substantial Shareholders and are deemed cancelled immediately upon purchase or held as treasury shares, based on the Register of
Directors’ Shareholdings and Register of Substantial Shareholders of the Company, as at the Latest Practicable Date, the shareholdings of
the Directors and Substantial Shareholders would be changed as follows:
Before the Share Buy–back After the Share Buy–back
Direct interest Deemed interest Direct interest Deemed interest
No. of Shares % (1) No. of Shares % (1) No. of Shares % (2) No. of Shares % (2)
Directors
Han Keen Juan (4) 71,136,000(3) 58.61 8,892,000 7.33 71,136,000(3) 65.12 8,892,000 8.14
Lim Tao-E William 8,892,000 7.33 – – 8,892,000 8.14 – –
Ong Chin Lin 65,000 0.05 – – 65,000 0.06 – –
Chow Hui Shien 80,600 0.07 – – 80,600 0.07 – –
Substantial Shareholders
Ng Choi Hong (4) 8,892,000 7.33 71,136,000 58.61 8,892,000 8.14 71,136,000 65.12
Goodview Properties Pte Ltd 14,198,000 11.70 – – 14,198,000 13.00 – –
Far East Organization Centre Pte Ltd (5) – – 14,198,000 11.70 – – 14,198,000 13.00
Estate of Ng Teng Fong, Deceased (5) – – 14,198,000 11.70 – – 14,198,000 13.00
Mdm Tan Kim Choo (5) – – 14,198,000 11.70 – – 14,198,000 13.00
Notes:
(1) Percentages calculated based on 121,374,700 Shares in issue as at the Latest Practicable Date.
(2) Percentages calculated based on 109,237,230 Shares, assuming the Company purchases the maximum allowed number of ten per cent. (10%) of the
Shares as at the Latest Practicable Date.
(3) Han Keen Juan has a direct interest in 10,000,000 Shares held in the name of Hong Leong Finance Nominees Pte Ltd.
(4) Han Keen Juan and Ng Choi Hong are husband and wife. Each is deemed to be interested in the direct interest of the other, as each has authority
(whether formal or informal, or express or implied) to dispose of, or to exercise control over the disposal of those shares held by the other.
(5) Far East Organization Centre Pte Ltd, Estate of Ng Teng Fong, Deceased and Mdm Tan Kim Choo are deemed to have an interest in the shares held
by Goodview Properties Pte Ltd.