Cosco Corporation (Singapore) Limited: “Results Of Extraordinary General Meeting And Trading Dates Of Sub-Divided Shares
The Board of Directors of COSCO Corporation (Singapore) Limited (‘COSCO’ or the ‘Company’) is pleased to announce that at the Extraordinary General Meeting (‘EGM’) held on 17 January 2006, Shareholders have approved the following ordinary resolution:
ORDINARY RESOLUTION
THAT every one (1) ordinary share of S$0.20 in the authorised and issued and paid-up ordinary share capital of the Company be divided into two (2) ordinary shares of S$0.10 each and that Clause 5 of the Memorandum of Association of the Company be and is hereby amended accordingly so that it will read as follows:
‘The authorised share capital of the Company is S$250,000,000 divided into 2,500,000,000 shares of S$0.10 each in the capital of the Company, and S$378,293.33 divided into 37,829,333 redeemable convertible cumulative preference shares of S$0.01 each in the capital of the Company. The Company shall have the power to increase, or reduce its capital, to consolidate or sub-divide the shares into shares of larger or smaller amounts, and to divide the shares forming the capital (original, increased or reduced) of the Company into several classes and to attach thereto respectively, preferential, deferred or special rights, privileges or conditions as may “
