Wednesday, October 1, 2014

Company announcements: Cordlife, JB Foods, SMRT, SGX

Cordlife - Annual General Meeting::Voluntary

Announcement Type: Annual General Meeting
Company: CORDLIFE GROUP LIMITED
Stock Code/Name: P8A - Cordlife

Annual General Meeting::Voluntary
Issuer & Securities
Issuer/ ManagerCORDLIFE GROUP LIMITED
SecurityCORDLIFE GROUP LIMITED - SG2E64980112 - P8A
Announcement Details
Announcement Title Annual General Meeting
Date & Time of Broadcast01-Oct-2014 17:26:34
StatusNew
Announcement ReferenceSG141001MEET8HCE
Submitted By (Co./ Ind. Name)Yee Pinh Jeremy
DesignationExecutive Director & Chief Executive Officer
Financial Year End30/06/2014
Event Narrative
Narrative TypeNarrative Text
Additional TextPlease refer to the attachment.
Event Dates
Meeting Date and Time17/10/2014 10:00:00
Response Deadline Date15/10/2014
Event Venue(s)
Place
Venue(s)Venue details
Meeting VenueAuditorium 302, Level 3, NTU@one-north Executive Centre, 11 Slim Barracks Rise (off North Buona Vista Road), Singapore 138664
Attachments
Notice_of_AGM.pdf
Total size =1559K



JB Foods - REPL::Rights::Voluntary

Announcement Type: Rights
Company: JB FOODS LIMITED
Stock Code/Name: Q0W - JB Foods

REPL::Rights::Voluntary
Issuer & Securities
Issuer/ ManagerJB FOODS LIMITED
SecurityJB FOODS LIMITED - SG2F01983590 - Q0W
Announcement Details
Announcement Title Lodgement of Offer Information Statement (OIS)
Date & Time of Broadcast01-Oct-2014 17:34:20
StatusReplacement
Corporate Action ReferenceSG140902RHDIE9HC
Submitted By (Co./ Ind. Name)ONG BENG HONG
DesignationJOINT COMPANY SECRETARY
Event StatusPending Record Date Processing
UnderwrittenNo
Shareholder's Approval Required?No
Shareholder's Approval ObtainedNo
Financial Year End31/12/2014
Announcement - Rights Issue.pdf
Dates
Record Date and Time01/10/2014 17:00:00
Ex Date29/09/2014
Rights Details
Rights Security ISINSG1AD1000009
Rights Security NameJB FOODS LIMITED R
Security Not Found?No
RenounceableYes
Rights Distribution Pay Date03/10/2014
Trading Period From07/10/2014
Trading Period To15/10/2014
Rights Security Distribution Ratio- Underlying2
Rights Security Distribution Ratio- Rights Security1
Offer Information Statement
Offer Information Statement Lodged?Yes
JB Foods - Lodgement of OIS to MAS - Final.pdf
Option Exercise
Issue Price (Per Rights)SGD 0.12
Exercise Period07/10/2014-21/10/2014
Pay Date21/10/2014
Disbursed Security
ISINNameSecurity TypeDistribution Ratio- RightsDistribution Ratio- Disbursed
SG2F01983590JB FOODS LIMITEDOrdinary Share11
Renounceable Conditions
Allow Over SubscriptionYes
Attachments
Related Announcements
26/09/2014 17:48:17
23/09/2014 17:46:03
18/09/2014 19:08:26
02/09/2014 19:50:30




SMRT - Asset Acquisitions and Disposals::INCORPORATION OF JOINT VENTURE COMPANY

Announcement Type: Asset Acquisitions and Disposals
Company: SMRT CORPORATION LTD
Stock Code/Name: S53 - SMRT

Asset Acquisitions and Disposals::INCORPORATION OF JOINT VENTURE COMPANY
Issuer & Securities
Issuer/ ManagerSMRT CORPORATION LTD
SecuritiesSMRT CORPORATION LTD - SG1I86884935 - S53
Stapled SecurityNo
Announcement Details
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast01-Oct-2014 17:32:16
StatusNew
Announcement Sub TitleINCORPORATION OF JOINT VENTURE COMPANY
Announcement ReferenceSG141001OTHRXU4O
Submitted By (Co./ Ind. Name)Jacquelin Tay Gek Poh
DesignationCompany Secretary
Description (Please provide a detailed description of the event in the box below)Please refer to the attachment.
Attachments



SGX - General Announcement::SGX completes acquisition of Energy Market Company

Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX

General Announcement::SGX completes acquisition of Energy Market Company
Issuer & Securities
Issuer/ ManagerSINGAPORE EXCHANGE LIMITED
SecuritiesSINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast01-Oct-2014 17:37:33
StatusNew
Announcement Sub TitleSGX completes acquisition of Energy Market Company
Announcement ReferenceSG141001OTHR4PP7
Submitted By (Co./ Ind. Name)Carolyn Lim
DesignationVP, Marketing & Comms
Description (Please provide a detailed description of the event in the box below)Singapore Exchange (SGX) today acquired the remaining 51% of Singapore-based Energy Market Company (EMC) from the Energy Market Authority (EMA), making EMC a wholly-owned subsidiary of SGX.

This acquisition will allow EMC to leverage SGX s expertise and operational synergies to provide better services to market participants at more competitive rates. For a start, wholesale electricity market participants will benefit from two percent savings in market fees over the next three years.

It will also enable SGX, a leading operator of securities, commodities and derivatives markets, to integrate development with EMC s platform for an electricity futures market and related power and gas products for Singapore.

Asia s continued growth and rising consumption translate to strong power and gas demand. SGX is already a hub for the trading and risk management of commodities and financial derivatives. Together with EMC, we intend to become Asia s price discovery centre for power and gas, said Magnus Bocker, CEO of SGX.

SGX is acquiring 51% of EMC for a cash consideration of $23 million. The change in EMC s shareholding will have no impact on its operation of the wholesale electricity market. The acquisition is not expected to have any material impact on SGX s net tangible assets and earnings for the financial year ending 30 June 2015. EMC will continue to be regulated by EMA. SGX had in August 2012 bought 49% of EMC, the operator of the National Electricity Market of Singapore (NEMS). NEMS is the first liberalised market in Asia for wholesale buying and selling of electricity.

-End-



SGX - Asset Acquisitions and Disposals::Acquisition of Remaining Shares in Energy Market Company Pte Ltd

Announcement Type: Asset Acquisitions and Disposals
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX

Asset Acquisitions and Disposals::Acquisition of Remaining Shares in Energy Market Company Pte Ltd
Issuer & Securities
Issuer/ ManagerSINGAPORE EXCHANGE LIMITED
SecuritiesSINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled SecurityNo
Announcement Details
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast01-Oct-2014 17:29:25
StatusNew
Announcement Sub TitleAcquisition of Remaining Shares in Energy Market Company Pte Ltd
Announcement ReferenceSG141001OTHRP8CZ
Submitted By (Co./ Ind. Name)Ding Hui Yun
DesignationCompany Secretary
Effective Date and Time of the event01/10/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)SINGAPORE EXCHANGE LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No. 199904940D)

ACQUISITION OF REMAINING SHARES IN ENERGY MARKET COMPANY PTE LTD

1. INTRODUCTION

1.1. Existing Interest in the Target.
Asian Gateway Investments Pte. Ltd. ("AGI"), a wholly-owned subsidiary of Singapore Exchange Limited (the "Company") had, on 6 August 2012, acquired 49 per cent. of the issued share capital of the Energy Market Company Pte Ltd (the "Target" or "EMC") from M-Co (The MarketPlace Company) Pte. Limited.

1.2. Acquisition.
The Board of Directors ("Board") of the Company wishes to announce that AGI has today entered into a share purchase agreement (the "SPA") with the Energy Market Authority of Singapore (the "Seller") to purchase 5,100,000 ordinary shares ("Sale Shares") in the capital of the Target, representing the remaining 51 per cent. of the issued share capital of the Target not already owned by the Company (the "Acquisition"). The Acquisition was completed today.

2. PRINCIPAL TERMS

2.1. SPA.
Pursuant to the SPA, AGI agreed to purchase, and the Seller agreed to sell the Sale Shares free from encumbrances, and together with all rights and advantages attaching to them as at the date of the SPA (including the right to receive all dividends or distributions declared, made or paid on or after the date of the SPA).

2.2. Consideration.
The consideration paid for the Sale Shares is S$23,000,000. The consideration, which was paid in cash, was arrived at after taking into account, inter alia, the business operations, financial status and prospects of the Target.

2.3. Completion.
As a result of the completion of the Acquisition, AGI now holds the entire issued share capital of the Target, and accordingly, the Target is now an indirect wholly owned subsidiary of the Company.

3. INFORMATION ON THE TARGET

3.1. The Target.
EMC operates Singapore's wholesale electricity market - Asia's first liberalised electricity market. EMC is the exchange for wholesale electricity trading, providing a transparent and competitive trading platform. Its key activities include calculating prices, scheduling generation, clearing and settling market transactions as well as supporting governance of the market.

3.2. Asset Value
As at 31 March 2014, the book value of the Sale Shares was S$2,550,000 and the net tangible asset value of the Sale Shares was S$4,646,100.

4. FURTHER INFORMATION

4.1. Impact on Company.
The Acquisition is not expected to have any material impact on the Company's net tangible assets and earnings per share for the financial year ending 30 June 2015.

4.2. Directors' and Substantial Shareholders' Interest.
None of the directors or substantial shareholders of the Company has any interest, direct or indirect, in the Acquisition.

4.3. Documents for Inspection.
A copy of the SPA is available for inspection during normal business hours at the registered office of the Company at 2 Shenton Way, #02-02 SGX Centre 1, Singapore 068804 for a period of three months commencing the date of this Announcement.

BY ORDER OF THE BOARD

Ding Hui Yun
Company Secretary
Singapore, 1 October 2014



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