KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
ANNUAL REPORT 2014
104
NOTICE
OF ANNUAL GENERAL MEETING
8.
AUTHORITY TO ALLOT AND ISSUE SHARES UNDER THE KIM HENG EMPLOYEE SHARE
OPTION SCHEME 2013
(Resolution 8)
“That pursuant to Section 161 of the Companies Act, Chapter 50 of Singapore, authority be and is
hereby given to the Directors of the Company to grant options in accordance with the provisions of
the Kim Heng Employee Share Option Scheme 2013
(“
Kim Heng ESOS
”) and to allot and issue from
time to time such number of shares in the capital of the Company (“
Shares
”) as may be required
to be issued pursuant to the exercise of the options granted under the Kim Heng ESOS, provided
always that the aggregate number of Shares to be allotted and issued pursuant to the Kim Heng
ESOS, when aggregated together with the Shares issued and/or issuable in respect of all options
granted under the Kim Heng ESOS and all Shares issued and/or issuable in respect of all options or
awards granted under any other share schemes or share plans adopted by the Company for the time
being, shall not exceed 15% of the total number of issued Shares (excluding treasury shares) of the
Company from time to time and that such authority 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.”
[See Explanatory Note (iv) below]
9.
AUTHORITY TO ALLOT AND ISSUE SHARES UNDER THE KIM HENG PERFORMANCE SHARE
PLAN 2013
(Resolution 9)
“That pursuant to Section 161 of the Companies Act, Chapter 50 of Singapore, authority be and is
hereby given to the Directors of the Company to grant awards in accordance with the provisions of the
Kim Heng Performance Share Plan 2013 (“
Kim Heng PSP
”) and to allot and issue from time to time
such number of Shares in the capital of the Company as may be required to be issued pursuant to
the vesting of awards granted under the Kim Heng PSP, provided always that the aggregate number
of Shares to be allotted and issued pursuant to the Kim Heng PSP, when aggregated together with
the Shares issued and/or issuable in respect of all awards granted under the Kim Heng PSP and
all Shares issued and/or issuable in respect of all options or awards granted under any other share
schemes or share plans adopted by the Company for the time being, shall not exceed 15% of the
total number of issued Shares (excluding treasury shares) of the Company from time to time and that
such authority 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.”
[See Explanatory Note (v) below]
By Order of the Board
Pan Mi Keay
Company Secretary
13 April 2015
Singapore
