134
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
SINGAPORE SHIPPING CORPORATION LIMITED
NOTICE OF ANNUAL GENERAL MEETING AND BOOK CLOSURE
Singapore Shipping Corporation Limited
Company Registration No. 198801332G
(Incorporated in the Republic of Singapore)
SPECIAL BUSINESS
To consider and, if thought fit, to pass, with or without modifications, the following resolutions as ordinary
resolutions:
7. That:
(a)
Ernst & Young LLP be and is hereby appointed as auditors of the Company in place of KPMG
LLP and to hold office until the conclusion of the next annual general meeting of the Company
and the Directors be authorised to fix the terms of their remuneration (the “Proposed Change of
Auditors”); and
(b)
the Directors and each of them be and are hereby authorised and empowered to complete and
to do all such acts and things (including without limitation, executing all such documents as
may be required) as they may consider necessary, desirable or expedient in the interests of the
Company in connection with or for the purpose of giving full effect to the Proposed Change of
Auditors.
Note: This Resolution, if passed, is to approve the appointment of Ernst & Young LLP as the auditors of
the Company in place of KPMG LLP, and to authorise the Directors to fix the terms of their remuneration.
Please refer to the Appendix to the Notice of Annual General Meeting dated 12 July 2016 for more
details.
(Resolution 7)
8. That authority be and is hereby given to the Directors to:
(a) (i) issue new shares in the capital of the Company (“Shares”) whether by way of rights,
bonus or otherwise; and/or
(ii) make or grant offers, agreements or options (collectively, “Instruments”) that might or
would require Shares to be issued, including but not limited to the creation and issue
of (as well as adjustments to) warrants, debentures or other instruments convertible
into Shares,
at any time and upon such terms and conditions and for such purposes and to such persons as
the Directors may in their absolute discretion deem fit; and
(b) (notwithstanding the authority conferred by this Resolution may have ceased to be in force)
issue Shares in pursuance of any Instruments made or granted by the Directors while this
Resolution was in force,
provided that:
