NOTICE OF ANNUAL GENERAL MEETING
Karin Technology Holdings Limited
Annual Report 2015
122
AS SPECIAL BUSINESS
To consider and, if thought fit, to pass the following Resolutions as Ordinary Resolutions, with or without modifications:
6.
Authority to allot and issue shares
“That, pursuant to Rule 806 of the Listing Manual of the Singapore Exchange
Securities Trading Limited (“
SGX-ST
”), authority be and is hereby given to the
Directors of the Company to:–
(a)
(i)
issue shares in the capital of the Company (“
Shares
”) whether by
way of rights, bonus or otherwise; and/or
(ii)
make or grant offers, agreements or options (collectively,
“
Instruments
”) that might or would require Shares to be issued,
including but not limited to the creation and issue of (as well as
adjustments to) warrants, debentures or other instruments convertible
into Shares,
at any time and upon such terms and conditions and for such purposes and to such
persons as the Directors may in their absolute discretion deem fit; and
(b)
(notwithstanding the authority conferred by this Resolution may have ceased
to be in force) issue Shares in pursuance of any Instrument made or granted
by the Directors while this Resolution was in force,
provided that:
(1)
the aggregate number of Shares to be issued pursuant to this Resolution
(including Shares to be issued in pursuance of Instruments made or granted
pursuant to this Resolution) does not exceed 50% of the Company’s total
number of issued Shares excluding treasury shares (as calculated in accordance
with sub-paragraph (2) below), of which the aggregate number of Shares
to be issued other than on a pro-rata basis to existing shareholders of the
Company (including Shares to be issued in pursuance of Instruments made or
granted pursuant to this Resolution) does not exceed 20% of the Company’s
total number of issued Shares excluding treasury Shares (as calculated in
accordance with sub-paragraph (2) below). Unless prior shareholder approval
is required under the Listing Manual of the SGX-ST, an issue of treasury shares
will not require further shareholder approval, and will not be included in the
aforementioned limits.
(Resolution 7)
