Singapore legislation

Regulation 2

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 11) Regulations 2005

Regulation 2

Definitions

In these Regulations, unless the context otherwise requires —“Bonds” means the 5-year EURO convertible bonds due July 2010 issued by Motherson Sumi Systems Limited for a principal amount of up to the EURO equivalent of US$75 million, which are convertible into equity shares of Motherson Sumi Systems Limited with a par value of 1 Indian Rupees each;“stabilising action” means an action taken in Singapore or elsewhere by Nomura International (Hong Kong) Limited, or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.

Definition

“Bonds” means the 5-year EURO convertible bonds due July 2010 issued by Motherson Sumi Systems Limited for a principal amount of up to the EURO equivalent of US$75 million, which are convertible into equity shares of Motherson Sumi Systems Limited with a par value of 1 Indian Rupees each;

Definition

“stabilising action” means an action taken in Singapore or elsewhere by Nomura International (Hong Kong) Limited, or any of its related corporations, to buy, or to offer or agree to buy, any of the Bonds in order to stabilise or maintain the market price of the Bonds in Singapore or elsewhere.