Common use of GENERAL MANDATE Clause in Contracts

GENERAL MANDATE. The Subscription Shares will be allotted and issued pursuant to the General Mandate, which has been granted to the Directors to allot and issue up to 305,667,200 Shares, representing 20% of the total number of Shares in issue as at the date of the AGM. As at the date of this announcement, the Company has not allotted and issued any Shares under the General Mandate. Accordingly, the General Mandate is sufficient for the allotment and issue of the Subscription Shares, and the issue of the Subscription Shares is not subject to the approval of the Shareholders.

GENERAL MANDATE. The Subscription Shares will be issued and allotted and issued pursuant to under the General Mandate, which has been granted to . The General Mandate entitles the Directors to issue, allot and issue deal with up to 305,667,200 27,252,720 Shares, representing 20% of the total number issued share capital of Shares in issue the Company as at the date of the AGM. As at Since the date of the AGM and up to and including the date of this announcement, the Company has not no Share have been allotted and issued any Shares under pursuant to the General Mandate. Accordingly, the General Mandate is sufficient for the allotment and issue of the Subscription Shares, Shares and the allotment and issue of the Subscription Shares is not subject to the approval of the Shareholders’ approval.

GENERAL MANDATE. The Subscription Shares will be allotted and issued pursuant to the General Mandate, which has been Mandate granted to the Board at the annual general meeting of the Company held on 22 August 2016. Under the General Mandate, the Directors are authorized to allot and issue up to 305,667,200 357,351,699 new Shares, representing 20% of the total number of Shares in issue as at the date of the AGM. As at Up to the date of this announcement, the Company has not allotted and no Shares have been issued any Shares under the General Mandate. Accordingly, the General Mandate is sufficient for the allotment and issue of the Subscription Shares, and the issue of the Subscription Shares is not subject to will be issued upon Completion by the approval of the ShareholdersGeneral Mandate.