Singapore legislation
Regulation 2
Regulation 2
Definitions
In these Regulations, unless the context otherwise requires —“Bonds” means the 5-year convertible bonds due December 2009 issued by Jindal Stainless Limited for a principal amount of up to US$75 million, which are convertible into fully paid ordinary shares of Jindal Stainless Limited with a par value of 2 Indian Rupees each or global depositary shares of Jindal Stainless Limited (if such global depositary shares have been issued by Jindal Stainless Limited at the time of conversion);“stabilising action” means an action taken in Singapore or elsewhere by Morgan Stanley & Co. International 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 convertible bonds due December 2009 issued by Jindal Stainless Limited for a principal amount of up to US$75 million, which are convertible into fully paid ordinary shares of Jindal Stainless Limited with a par value of 2 Indian Rupees each or global depositary shares of Jindal Stainless Limited (if such global depositary shares have been issued by Jindal Stainless Limited at the time of conversion);
Definition
“stabilising action” means an action taken in Singapore or elsewhere by Morgan Stanley & Co. International 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.