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News

Share Buy Back - Daily Share Buy-Back Notice

BackMay 13, 2019
Announcement Title Share Buy Back - Daily Share Buy-Back Notice
Date & Time of Broadcast May 13, 2019 19:55
Status New
Announcement Sub Title SHARE BUY BACK - DAILY SHARE BUY-BACK NOTICE
Announcement Reference SG190513OTHRQ1G7
Submitted By (Co./ Ind. Name) DATO' MURLY MANOKHARAN
Designation PRESIDENT AND GROUP CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below) The percentage of the cumulative number of shares purchased to-date is calculated based on 963,535,300 issued shares in the capital of the Company excluding treasury shares pursuant to the share buy-back resolution passed at the Annual General Meeting held on 25 April 2019.

Aspen (Group) Holdings Limited (the "Company") is listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 28 July 2017. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined nor approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Jennifer Tan, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).
Additional Details
Start date for mandate of daily share buy-back 25/04/2019
Section A
Name of Overseas exchange where company has dual listing Nil
Maximum number of shares authorised for purchase 96,353,530
Purchase made by way of market acquisition Yes
 
  Singapore Exchange Overseas Exchange
Date of Purchase 13/05/2019  
Total Number of shares purchased 50,000  
Number of shares cancelled 0  
Number of shares held as treasury shares 50,000  
Price Paid per share
Price Paid per share SGD 0.152
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares SGD 7,614.33
Section B
Purchase made by way of off-market acquisition on equal access scheme No
Section C
 
Cumulative No. of shares purchased to date^ Number Percentage#
By way of Market Acquisition 50,000 0.0052
By way off Market Acquisition on equal access scheme 0 0
Total 50,000 0.0052
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained
Section D
Number of issued shares excluding treasury shares after purchase 963,485,300
Number of treasury shares held after purchase 132,600
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