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ANNUAL REPORT 2013
REPORT OF THE DIRECTORS
5. OPTIONS TO TAKE UP UNISSUED SHARES - continued
The options granted under ESOS II during the financial year and the unissued ordinary shares of the Company under
option pursuant to ESOS II were as follows:
Number of share options
Balance at Cancelled Balance
beginning Lapsed during at end Exercise
of during the year of price
Date of grant the year the year (Note) the year per share Discount Exercise period
April 11, 2002 6,888,000 (6,888,000) - - S$0.15 20% April 11, 2004 to
April 10, 2012
May 6, 2003 600,000 - - 600,000 S$0.092 20% May 6, 2005 to
May 5, 2013
April 17, 2004 11,040,000 - (840,000) 10,200,000 S$0.15 20% April 17, 2006 to
April 16, 2014
November 18, 2004 420,000 - - 420,000 S$0.121 20% November 18, 2006 to
November 17, 2014
October 2, 2009 10,918,800 - - 10,918,800 S$0.067 20% October 2, 2011 to
October 1, 2019
Note: These options were cancelled upon resignation of the holders.