|The Board of Directors of Symphony wishes to seek its shareholders' approval for the proposed renewal of shareholders’ authorisation for the Company to undertake the purchase of up to ten percent (10%) of its issued and paid-up share capital ("Proposed Renewal of Share Buy-Back"), subject to all other applicable and prevailing laws, rules, regulations, orders, guidelines and requirements as may be issued by the relevant authorities. |
At a general meeting held on 30 May 2007, Symphony had obtained the approval from its shareholders for the Share Buy Back. The Share Buy Back authority, unless renewed, shall lapse at the conclusion of the Company’s next Annual General Meeting to be convened.
A circular containing the detailed information on the Proposed Renewal of Share Buy Back authority will be issued to the shareholders in due course.
This announcement is dated 28 April 2008.