Company announcements: Spice i2i, SingTel

Spice i2i - REQUEST FOR LIFTING OF TRADING HALT

Announcement Type: REQUEST FOR LIFTING OF TRADING HALT
Company: SPICE I2I LIMITED
Stock Code/Name: M09 - Spice i2i

REQUEST FOR LIFTING OF TRADING HALT

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Name of Announcer *	SPICE I2I LIMITED
Company Registration No.	199304568R
Announcement submitted on behalf of	SPICE I2I LIMITED
Announcement is submitted with respect to *	SPICE I2I LIMITED
Announcement is submitted by *	Maneesh Tripathi
Designation *	Chief Executive Officer
Date & Time of Broadcast	06-May-2011 14:21:34
Announcement No.	00053

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Date of Lifting of Trading Halt *	06-05-2011
Time of Lifting of Trading Halt *	1445 hours

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Spice i2i - MISCELLANEOUS :: UPDATE ON COMPANY MATTERS

Announcement Type: MISCELLANEOUS
Company: SPICE I2I LIMITED
Stock Code/Name: M09 - Spice i2i

MISCELLANEOUS

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Name of Announcer *	SPICE I2I LIMITED
Company Registration No.	199304568R
Announcement submitted on behalf of	SPICE I2I LIMITED
Announcement is submitted with respect to *	SPICE I2I LIMITED
Announcement is submitted by *	Maneesh Tripathi
Designation *	Chief Executive Officer
Date & Time of Broadcast	06-May-2011 14:16:59
Announcement No.	00052

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Announcement Title *

Update on Company Matters

Description

1. Proposed acquisition of Indonesia’s Affinity Group Reference should be made to the SGX-ST announcement released by the Company on SGXNET on 2 May 2011 (the “2 May 2011 Announcement”) wherein it was announced that the Company has exercised its discretion to postpone the Completion Date by ten (10) Business Days from 30 April 2011 to 16 May 2011, pending the fulfilment of certain Conditions Precedent and Completion obligations of the Vendor. The Company had, during its due diligence process, found that the stated US$32.6 million in net assets (as at 31 December 2010) on Affinity Group's books appears to have a gap of about US$10 million. These are preliminary findings of the Company’s internal team and the Company is seeking clarification from the Affinity Group on this issue. The Company is also separately seeking guidance from a local adviser on this issue. All such findings, including the due diligence report, will be placed before the Board for consideration. The Company expects the Audited Accounts to be finalized by the Vendor soon and the Company will make the appropriate announcement in accordance with the Listing Manual of the Singapore Exchange Securities Trading Ltd in due course. Capitalised terms not defined in this paragraph 1 shall bear the same meanings ascribed to them in the circular to shareholders in relation to "The Proposed Shareholders' Approval for the Acquisition of the Cellular Business and the "Nexian" brand of the Affinity Group" dated 14 March 2011. 2. Suggestion of a preliminary study on leveraging synergy/merger of the Company with Spice Mobility Limited which is listed on the Bombay Stock Exchange The Company’s Chairman Dr Modi was quoted by the Indian media recently that he might look at the options to synergize Singapore-listed Spice i2i and Spice Mobility Limited, which is listed on the Bombay Stock Exchange. The suggestion to do so came from the most recent meeting with stakeholders of Spice Mobility Limited, who mooted the idea since both companies share a common synergistic supply chain and a common brand. No plan or proposal have been presented to the Board or the Company with respect to this matter. The Company wishes to clarify that it is always open to evaluating avenues to improve efficiencies and enhance shareholder value. If there is any material development, the Company would issue appropriate and timely announcements in compliance with the listing rules of the SGX-ST. BY ORDER OF THE BOARD Maneesh Tripathi Chief Executive Officer Spice i2i Ltd 6 May 2011

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SingTel - MISCELLANEOUS

Announcement Type: MISCELLANEOUS
Company: SINGTEL
Stock Code/Name: Z74 - SingTel

MISCELLANEOUS

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Name of Announcer *	SINGTEL
Company Registration No.	199201624D
Announcement submitted on behalf of	SINGTEL
Announcement is submitted with respect to *	SINGTEL
Announcement is submitted by *	Ms Chan Su Shan
Designation *	Company Secretary
Date & Time of Broadcast	06-May-2011 13:40:52
Announcement No.	00048

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Announcement Title *

Media Release - Regional Australians to receive early access to NBN following $200m deal with Optus

Description

Attachments

NR-20110506-NBN.pdf Total size = 29K (2048K size limit recommended)

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