Singapore Post

[Tiggerbee]

More corporate governance issues..

http://infopub.sgx.com/FileOpen/SGX%20An...eID=383296

The Board of Directors of Singapore Post Limited (the "Company") refers to the
announcement dated 18 July 2014 in relation to the Company's acquisition of the entire
issued and paid-up share capital of F.S. Mackenzie Limited (the "Transaction").
Due to an administrative oversight, it was stated that none of the directors or controlling
shareholders of the Company had any interest, direct or indirect in the
Transaction. The Company would like to clarify that none of the directors or
controlling shareholders of the Company had any interest, direct or indirect in the
Transaction, save for Mr Keith Tay Ah Kee who, as disclosed in the announcement
relating to the Company's acquisition of Famous Holdings Pte Ltd on 18 January
2013, is a non-executive Chairman and shareholder of Stirling Coleman Capital
Limited. Stirling Coleman Capital Limited was the arranger of the Transaction.
Accordingly, Mr Tay, as reflected in Board minutes, had abstained from all voting by
the Board of the Company in relation to the Transaction.
Issued by Singapore Post Limited on 22 December 2015.