Asiaone 1-42
Asiaone 1-42
Asiaone 1-42
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GENERAL AND STATUTORY INFORMATION<br />
(c) An Internet payment gateway fee of 0.75% of the Offering Price for each New Share will<br />
be payable by our Company through Citicorp to the Internet Banks and Internet Stockbrokers<br />
in respect of successful applications made pursuant to the Internet Offer Tranche through<br />
the respective IB website of the Internet Banks and Internet IPO website of the Internet<br />
Stockbrokers.<br />
(d) Brokerage will be paid by our Company through Citicorp to members of the SGX-ST,<br />
merchant banks and members of the Association of Banks in Singapore in respect of<br />
successful applications made on Application Forms bearing their respective stamps or to<br />
Participating Banks in respect of successful applications made through ATM Electronic<br />
Applications at their ATMs, at the rate of 1% of the Offering Price for each New Share.<br />
Brokerage will be paid by our Company to Citicorp (as Placement Agent) and ING Barings<br />
(as Joint Placement Agent) at the rate of 1% of the Offering Price for each Placement<br />
Share.<br />
(e) Save as aforesaid, no commission, discount or brokerage has been paid or other special<br />
terms granted within the two years preceding the date of this Prospectus or is payable to<br />
any Director, promoter, expert, proposed Director or any other person for subscribing or<br />
agreeing to subscribe or procuring or agreeing to procure subscriptions for any shares in<br />
or debentures of our Company.<br />
(f) The Management and Underwriting Agreement may be terminated by Citicorp at any time<br />
on or before the close of the Application List on the occurrence of certain events including,<br />
inter alia, any change or prospective changes in the political, financial, economic, monetary<br />
or legal conditions in Singapore or internationally which, in the opinion of Citicorp, would<br />
result or be likely to result inter alia, in material adverse fluctuations or adverse conditions<br />
in the stock market in Singapore or prejudice the success of the Invitation.<br />
(g) The Placement Agreement is conditional upon the Management and Underwriting Agreement<br />
not having been terminated or rescinded pursuant to the provisions of the Management<br />
and Underwriting Agreement.<br />
MISCELLANEOUS<br />
26. The nature of the business of our Company is stated on in the “Business” section of this<br />
Prospectus. The corporations which are deemed to be related to our Company by virtue of<br />
Section 6 of the Companies Act are set out in the “General Information on our Group – Group<br />
Structure” and the “Financial Statements” sections of this Prospectus.<br />
27. The time of opening of the Application List is set out in the “Details of Our Invitation – Indicative<br />
Timetable For Listing” sections of this Prospectus.<br />
28. The amount payable on application is $0.60 for each New Share. There has been no previous<br />
issue of shares by our Company or offer for subscription of its shares, to the public within the<br />
two years preceding the date of this Prospectus.<br />
29. Application monies received by our Company in respect of successful applications (including<br />
successful applications which are subsequently rejected) will be placed in a separate noninterest<br />
bearing account with Citibank (the “Receiving Bank”). In the ordinary course of business,<br />
the Receiving Bank will deploy these monies in the interbank money market. Our Company<br />
and the Receiving Bank have agreed pursuant to a letter dated 11 May 2000 (the “Receiving<br />
Bank Agreement”) that our Company will receive for their own account a 50% share of any net<br />
revenue in excess of $50,000 earned by the Receiving Bank from the deployment of such<br />
monies in the interbank money market. Any refund of all or part of the application monies to<br />
unsuccessful or partially successful applicants will be made without any interest or any share of<br />
such revenue or any other benefit arising therefrom.<br />
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