Stamford Land : Share Buy Back - Daily Share Buy-Back Notice
February 25, 2020 at 06:39 am EST
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News
Announcement Title
Share Buy Back - Daily Share Buy-Back Notice
Date & Time of Broadcast
Feb 25, 2020 17:54
Status
New
Announcement Sub Title
Daily Share Buy-Back Notice
Announcement Reference
SG200225OTHRWZLU
Submitted By (Co./ Ind. Name)
Lee Li Huang
Designation
Chief Financial Officer and Company Secretary
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
26/07/2019
Section A
Maximum number of shares authorised for purchase
81,973,408
Purchase made by way of market acquisition
Yes
Singapore Exchange
Overseas Exchange
Date of Purchase
25/02/2020
Total Number of shares purchased
23,800
Number of shares cancelled
0
Number of shares held as treasury shares
23,800
Price Paid per share
Price Paid per share
SGD 0.49
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 11,683
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
35,025,900
4.273
By way off Market Acquisition on equal access scheme
0
0
Total
35,025,900
4.273
#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
784,708,182
Number of treasury shares held after purchase
79,379,800
Attachments
Original document
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Disclaimer
Stamford Land Corporation Ltd. published this content on 25 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2020 11:38:07 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.