Description (Please provide a detailed description of the event in the box below)
Share Buy-Back by way of market acquisition
Additional Details
Start date for mandate of daily share buy-back
27/07/2018
Section A
Maximum number of shares authorised for purchase
86,408,798
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
16/08/2018
Total Number of shares purchased
144,300
Number of shares cancelled
0
Number of shares held as treasury shares
144,300
Price Paid per share
Price Paid per share
SGD 0.485
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 70,090.34
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
2,174,200
0.252
By way off Market Acquisition on equal access scheme
0
0
Total
2,174,200
0.252
#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
861,913,782
Number of treasury shares held after purchase
2,174,200
Attachments
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Disclaimer
Stamford Land Corporation Ltd. published this content on 16 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 August 2018 11:15:04 UTC
Stamford Land Corporation Ltd is a Singapore-based investment holding company. The Companyâs segments include Hotel owning and management, Property development, Property investment, Trading and Others. The Hotel owning and management segment includes ownership and management of hotels. The Property development segment includes development, construction and trading in properties. The Property investment segment is focused on holding of properties for rental income and/or capital appreciation. The Trading segment is engaged in interior decoration companies and a travel agency. The Company owns and operates the multiple portfolios of luxury, high-end Stamford Hotels in cities and prime locations throughout Australia, including Sydney, Adelaide, Melbourne and Brisbane. Its portfolio includes commercial, commercial and hospitality. Its highly coveted landmark residential developments include the landmark Macquarie Park Village at the corner of Herring and Epping Roads Macquarie Park.