KINGSMEN CREATIVES LTD
ANNUAL REPORT
2014
119
14.
Notices and annual report
14.1 Any notice required to be given by a Participant to the Company shall be sent or made to the registered office
of the Company or such other addresses as may be notified by the Company to him in writing.
14.2 Any notices or documents required to be given to a Participant or any correspondence to be made between
the Company and the Participant shall be given or made by the Committee (or such person(s) as it may from
time to time direct) on behalf of the Company and shall be delivered to him by hand or sent to him at his home
address according to the records of the Company or at the last known address of the Participant and if sent
by post, shall be deemed to have been given on the day following the date of posting.
14.3 The Company shall disclose the following in its annual report:
(a)
the names of the members of the Committee administering the Scheme;
(b)
the information required in the table below for the following participants:
(i)
Directors of the Company;
(ii)
Controlling Shareholders and their Associates; and
(iii)
Participants other than those in (i) and (ii) above, who received Shares pursuant to the vesting
of the Awards granted under the Scheme which, in aggregate, represent five per cent. (5%) or
more of the aggregate of the total number of Shares available under the Scheme; and
Name of
Participant
Number
of Shares
comprised in
Awards during
financial year
under review
(including
terms)
Aggregate
number
of Shares
comprised in
Awards from
commencement
of Scheme
to the end of
financial year
under review
Number
of Shares
comprised in
Awards which
have been
issued and/
or transferred
during the
financial year
under review
Number
of Shares
comprised in
Awards not
released during
financial year
under review
Proportion
of Shares
comprised in
Awards which
have vested
during financial
year under
review
(c)
such other information as may be required by the Listing Manual or the Act.
If any of the information in sub-paragraphs (a) to (c) above is not applicable, an appropriate negative statement
shall be included.
15.
Modifications to the Scheme
15.1 Any or all the provisions of the Scheme may be modified and/or altered at any time and from time to time by
resolution of the Committee, except that:
(a)
any modification or alteration which would be to the advantage of Participants under the Scheme shall
be subject to the prior approval of Shareholders in a general meeting;
(b)
the modification or alteration must be made in such a way that a Participant will not receive a benefit
that a Shareholder does not receive; and
(c)
no modification or alteration shall be made without due compliance with the Listing Manual and such
other regulatory authorities as may be necessary.
15.2 The Committee may at any time by resolution (and without other formality, save for the prior approval of the
SGX-ST) amend or alter the rules or provisions of the Scheme in any way to the extent necessary to cause the
Scheme to comply with any statutory provision or the provision or the regulations of any regulatory or other
relevant authority or body (including the SGX-ST).
15.3 Written notice of any modification or alteration made in accordance with this Rule 15 shall be given to all
Participants.
16.
Terms of employment unaffected
The terms of employment of a Participant (who is a Group Employee) shall not be affected by his participation in
the Scheme, which shall neither form part of such terms nor entitle him to take into account such participation in
calculating any compensation or damages on the termination of his employment for any reason.
Letter To Shareholders
