Singapore legislation

Regulation 2

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 12) Regulations 2004

Regulation 2

Definitions

Amended byS 419/2004 wef 09/07/2004

In these Regulations, unless the context otherwise requires —“Bonds” means the 5-year zero coupon convertible bonds due July 2009 issued by Universal Scientific Industrial Co., Ltd for a principal amount of up to US$120 million (including any bonds issued pursuant to an option in connection therewith of up to US$20 million), which are convertible into common shares of Universal Scientific Industrial Co., Ltd with a par value of NT$10 each; “stabilising action” means an action taken in Singapore or elsewhere by ABN AMRO Bank N.V., 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 zero coupon convertible bonds due July 2009 issued by Universal Scientific Industrial Co., Ltd for a principal amount of up to US$120 million (including any bonds issued pursuant to an option in connection therewith of up to US$20 million), which are convertible into common shares of Universal Scientific Industrial Co., Ltd with a par value of NT$10 each;

Amended byS 419/2004 wef 09/07/2004

Definition

“stabilising action” means an action taken in Singapore or elsewhere by ABN AMRO Bank N.V., 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.