NOTICE OF ANNUAL GENERAL MEETING
127
Karin Technology Holdings Limited
Annual Report 2016
(2)
(subject to such manner of calculation as may be prescribed by the
SGX-ST) for the purpose of determining the aggregate number of
shares that may be issued under sub-paragraph (1) above, the total
number of issued Shares excluding treasury shares is based on the
Company’s total number of issued Shares excluding treasury shares
at the time this Resolution is passed, after adjusting for:
(i)
new Shares arising from the conversion or exercise of any
convertible securities or share options or vesting of share
awards which are outstanding or subsisting at the time this
Resolution is passed; and
(ii)
any subsequent bonus issue, consolidation or subdivision of
shares;
(3)
in exercising the authority conferred by this Resolution, the Company
shall comply with the provisions of the Listing Manual of the SGX-ST
for the time being in force (unless such compliance has been waived
by the SGX-ST) and the Bye-Laws for the time being of the Company;
and
(4)
(unless revoked or varied by the Company in general meeting) the
authority conferred by this Resolution shall continue in force until the
conclusion of the next Annual General Meeting of the Company or the
date by which the next Annual General Meeting of the Company is
required by law to be held, whichever is the earlier.”
(See Explanatory
Note 3)
7.
Authority to allot and issue Shares under the Karin Performance Share Plan
“That the Directors of the Company be and are hereby authorised to grant awards
in accordance with the provisions of the Karin Performance Share Plan (the “
Plan
”)
and to allot and issue such number of fully paid Shares from time to time as may
be required to be issued pursuant to the vesting of awards under the Plan provided
always that the aggregate number of Shares to be issued pursuant to the Plan and
all share awards or share options granted under any other schemes implemented
by the Company (if any) shall not exceed 15% of the total number of issued Shares
(excluding treasury shares) of the Company from time to time and that such authority
shall, unless revoked or varied by the Company in general meeting, shall continue in
full force until the conclusion of the next Annual General Meeting of the Company
or the date by which the next Annual General Meeting of the Company is required
by law to be held, whichever is earlier.”
(See Explanatory Note 4)
(Resolution 8)
