Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Singapore Catalist Market  >  GSS Energy Limited    41F   SG1AG6000007

GSS ENERGY LIMITED

(41F)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Giken Sakata (Singap : MEETING SCHEDULE FOR AGM

share with twitter share with LinkedIn share with facebook
share via e-mail
12/12/2011 | 08:46pm EDT

GIKEN SAKATA (S) LIMITED (Incorporated in the Republic of Singapore) (Company registration No. 197903879W) (the "Company")

Notice of Annual General Meeting

NOTICE IS HEREBY GIVEN that the Thirty-First Annual General Meeting of the Company will be held at No. 7 Second Chin Bee Road, Singapore 618774 on the 28th day of December 2011 at 10.00 a.m. for the following purposes:

Ordinary Business

1. To receive and adopt the Audited Accounts of the Company for the year ended 31 August 2011 together with the Reports of the Directors and Auditors of the Company. (Resolution 1)
2. To approve the payment of Directors' Fees for the year ended 31 August 2011. (Resolution 2)
3. To re-appoint Mr Chin Siew Gim, a Director of the Company retiring under Section 153(6) of the Companies Act, Cap. 50, to hold office from the date of this Annual General Meeting until the next Annual General Meeting of the Company.
(See Explanatory Note 1) (Resolution 3)
4. To re-elect the following Directors of the Company retiring pursuant to Article 91 of the Articles of
Association of the Company:
(i) Mr Chua Khing Seng
(See Explanatory Note 2) (Resolution 4a)
(ii) Professor Lai Kim Fatt
(See Explanatory Note 3) (Resolution 4b)
5. To re-appoint BDO LLP as the Auditors of the Company and to authorise the Directors of the
Company to fix their remuneration. (Resolution 5)
6. To transact any other ordinary business which may properly be transacted at an Annual General
Meeting.

Special Business

To consider and if thought fit, to pass the following Resolutions as Ordinary Resolutions, with or without any modifications:
7. Authority to issue shares up to 50 per centum (50%) of the issued shares in the capital of the

Company

That pursuant to Section 161 of the Companies Act, Cap. 50 and Rule 806 of Section B of the Singapore Exchange Securities Trading Limited Listing Manual: Rules of Catalist (the "Catalist Rules"), the Directors of the Company be authorized and empowered to allot and issue shares and convertible securities in the capital of the Company (whether by way of rights, bonus or otherwise) at any time and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of the shares (including shares to be issued in accordance with the terms of convertible securities issued, made or granted pursuant to this Resolution) to be allotted and issued pursuant to this Resolution shall not exceed fifty per centum (50%) of the total number of issued shares in the capital of the Company at the time of the passing of this resolution, of which the aggregate of shares and convertible securities to be issued other than on a pro rata basis to all shareholders of the Company shall not exceed twenty per centum (20%) of the total number of issued shares in the capital of the Company and that such authority shall, unless revoked or varied by the Company in general meeting, continue in force (i) until the conclusion of the Company's next Annual General Meeting or the date by which the next Annual General Meeting of the Company is required by the law to be held, whichever is earlier or (ii) in the case of shares to be issued in accordance with the terms of convertible securities issued, made or granted pursuant to this Resolution, until the issuance of such shares in accordance with the terms of such convertible securities.
(See Explanatory Note 4) (Resolution 6)
8. Renewal of Shareholders' Mandate for Interested Person Transactions
That for the purpose of Chapter 9 of Section B of the Singapore Exchange Securities Trading Limited
Listing Manual: Rules of Catalist:
(a) approval be given for the renewal of the mandate for the Company, its subsidiaries and associated companies or any of them to enter into any of the transactions falling within the types of Interested Person Transactions as set out in the Appendix to the Notice of Annual General Meeting dated 12 December 2011 (the "Appendix") with any party who is of the class of Interested Persons described in the Appendix, provided that such transactions are carried out on normal commercial terms and in accordance with the review procedures of the Company for such Interested Person Transactions as set out in the Appendix (the "Shareholders' Mandate");
(b) the Shareholders' Mandate shall, unless revoked or varied by the Company in a general meeting, 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 earlier; and
(c) authority be given to the Directors of the Company to complete and do all such acts and things (including executing all such documents as may be required) as they may consider necessary, desirable or expedient to give effect to the Shareholders' Mandate as they may think fit.
(See Explanatory Note 5) (Resolution 7)
Dated this 12th day of December 2011
By Order of the Board
Ng Say Tiong
Company Secretary

Explanatory Notes:

1. The effect of the Ordinary Resolution 3 in item 3 above is to re-appoint a director of the Company who is over 70 years of age. The Ordinary Resolution 3 in item 3 above, if passed, Mr Chin Siew Gim will remain as the Chairman of the Audit Committee, Nominating Committee and Remuneration Committee respectively and will be considered independent
2. The Ordinary Resolution 4a in item 4 above, if passed, Mr Chua Khing Seng will remain as a member of the Audit Committee and Remuneration Committee respectively and will be considered independent.
3. The Ordinary Resolution 4b in item 4 above, if passed, Professor Lai Kim Fatt will remain as a member of the Audit Committee, Nominating Committee and Remuneration Committee respectively and will be considered independent.
4. The Ordinary Resolution 6 in item 7 above, if passed, will empower the Directors from the date of this Meeting until the date of the next Annual General Meeting or the date by which the next Annual General Meeting is required by law to be held or when varied or revoked by the Company in general meeting, whichever is the earlier, to allot and issue shares and convertible securities in the Company. The number of shares and convertible securities that the Directors may allot and issue under this resolution would not exceed fifty per centum (50%) of the total number of issued shares of the Company at the time of passing this resolution. For issue of shares and convertible securities other than on a pro rata basis to all shareholders, the aggregate number of shares and convertible securities to be issued shall not exceed twenty per centum (20%) of the total number of issued shares of the Company.
For the purpose of this resolution, the percentage of issued shares is based on the total number of issued shares at the time this proposed Ordinary Resolution is passed after adjusting for new shares arising from the conversion or exercise of convertible securities, the exercise of share options or the vesting of share awards outstanding or subsisting at the time when this proposed Ordinary Resolution is passed and any subsequent bonus issue, consolidation or subdivision of shares.
5. The Ordinary Resolution 7 in item 8 above, if passed, will authorise the Interested Person Transactions as described in the Appendix to the Notice of Annual General Meeting and recurring in the year and will empower the Directors to do all acts necessary to give effect to the Shareholders' Mandate. This authority will, unless previously revoked or varied by the Company in a general meeting, expire at 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.

Notes:

1. A Member entitled to attend and vote at the Annual General Meeting (the "Meeting") is entitled to appoint a proxy to attend and vote in his/her stead. A proxy need not be a Member of the Company.
2. The instrument appointing a proxy must be deposited at the Registered Office of the Company at 50
Raffles Place #32-01 Singapore Land Tower, Singapore 048623, not less than forty-eight (48) hours before the time appointed for holding the Meeting.
This announcement has been prepared by the Company and its contents have been reviewed by the company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by SGX-ST and SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Bernard Lui. Tel: (65) 6389 3000
Email: bernard.lui@stamfordlaw.com.sg

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on GSS ENERGY LIMITED
02/26GENERAL ANNOUNCEMENT : :withdrawal of unsolicited non-binding offer in relation ..
PU
02/14GENERAL ANNOUNCEMENT : :capital reduction exercise of subsidiary
PU
02/11Response to SGX Queries
PU
02/06GENERAL ANNOUNCEMENT : :update on unsolicited non-binding offer in relation to p..
PU
01/23GENERAL ANNOUNCEMENT : :receipt of unsolicited, non binding offer in relation to..
PU
01/06DISCLOSURE OF INTEREST/ CHANGES IN I : :Disclosure of Interest/Changes in Intere..
PU
01/06EMPLOYEE STOCK OPTION/ SHARE SCHEME : :issue and allotment of new ordinary share..
PU
2015GIKEN SAKATA S : Change - announcement of appointment::appointment of executive ..
PU
2015GIKEN SAKATA S : Change - change in corporate information::change of registered ..
PU
2015GIKEN SAKATA S : General announcement::resignation and appointment of executive ..
PU
More news
Financials
Sales 2019 97,6 M 69,1 M 69,1 M
Net income 2019 2,03 M 1,44 M 1,44 M
Net cash 2019 4,22 M 2,99 M 2,99 M
P/E ratio 2019 25,4x
Yield 2019 -
Capitalization 33,8 M 23,9 M 23,9 M
EV / Sales 2018 0,40x
EV / Sales 2019 0,49x
Nbr of Employees 1 793
Free-Float 60,0%
Chart GSS ENERGY LIMITED
Duration : Period :
GSS Energy Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GSS ENERGY LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Managers
NameTitle
Kin Bond Yeung Group Chief Executive Officer & Executive Director
Eng Chye Kuek Independent Non-Executive Chairman
Say Tiong Ng Group CFO, Co-Secretary & Executive Director
Sanford Chee Independent Director
Kau Lee Fung Non-Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
GSS ENERGY LIMITED-34.62%24
ATLAS COPCO AB-1.18%46 037
ROPER TECHNOLOGIES, INC.11.17%41 111
FANUC CORPORATION-5.48%33 848
PARKER-HANNIFIN CORPORATION-12.56%23 075
SANDVIK AB-14.65%20 750