IPT Mandate definition
Examples of IPT Mandate in a sentence
In this regard, the Company had applied to the SGX-ST and the SGX-ST had by way of a letter dated 8 September 2016, advised that subject to approval by the Shareholders and compliance with Rule 920 of the Listing Manual, it has no objections to the NewCo IPT Mandate being regarded as a renewal of the Uni-Asia IPT Mandate (if renewed at the 2017 AGM).
The entry into, and the transactions contemplated under, the 2023-2025 Framework Agreements fall under the scope of activities set out under the Company’s IPT Mandate, which was renewed with the approval of the Shareholders at the annual general meeting of the Company held on 26 April 2022.
Transactions with interested persons (including the Mandated Interested Persons) that do not fall within the ambit of either of the exceptions in (a) or (b) above, or the scope of the NewCo IPT Mandate, will be subject to the relevant provisions of Chapter 9 of the Listing Manual and/or other applicable provisions of the Listing Manual.
The Scheme will not be conditional upon the passing of the ordinary resolutions on the NewCo PSP Proposal, the NewCo IPT Mandate Proposal or the NewCo Share Issue Mandate Proposal by the Shareholders at the EGM.
The Subscriber Shareholder (in his capacity as the sole shareholder of NewCo) had, pursuant to an ordinary resolution on 24 March 2017, approved and adopted the NewCo IPT Mandate conditional upon the approval of the renewal of the Uni-Asia IPT Mandate at the 2017 AGM, the approval of the Scheme at the Court Meeting, the approval of the NewCo IPT Mandate Proposal by the Shareholders at the EGM and the Scheme becoming effective.
The NewCo IPT Mandate will thereafter, unless revoked or varied by NewCo Shareholders in a general meeting, continue to bind NewCo and the NewCo Shareholders until the conclusion of the next annual general meeting of NewCo or the date by which the next annual general meeting of NewCo is required by law to be held, whichever is the earlier.
Please refer to Appendix 5 (Extracts of Resolutions passed in respect of the NewCo Share Issue Mandate, the NewCo PSP Mandate and the NewCo IPT Mandate) to this Document for an extract of the resolution passed in respect of the NewCo PSP Mandate.
Please refer to Appendix 5 (Extracts of Resolutions passed in respect of the NewCo Share Issue Mandate, the NewCo PSP Mandate and the NewCo IPT Mandate) to this Document for an extract of the resolution passed in respect of the NewCo Share Issue Mandate.
The EGM will be held at Shenton Room, Lower Level, M Hotel Singapore, ▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ on 28 April 2017 at 3.00 p.m. (or as soon thereafter following the conclusion of the Court Meeting to be held at 2.30 p.m. on the same day at the same place (or its adjournment thereof)) for the purposes of considering and, if thought fit, passing the ordinary resolutions on the NewCo PSP Proposal, the NewCo IPT Mandate Proposal and the NewCo Share Issue Mandate Proposal.
Please refer to Appendix 5 (Extracts of Resolutions passed in respect of the NewCo Share Issue Mandate, the NewCo PSP Mandate and the NewCo IPT Mandate) to this Document for an extract of the resolution passed in respect of the NewCo IPT Mandate and Appendix 4 (NewCo IPT Mandate) to this Document for details of the NewCo IPT Mandate.