Ex-4.14 Application Form for New Ordinary Shares &






Exhibit
4.14



    
    






FORM A
Serial No.


FOR CDP OFFICIAL USE ONLY     Serial No.

Acknowledgement of receipt for application submitted by hand to CDP's counter.
No acknowledgement will be given for submissions deposited into boxes located at CDP's premises.


Name(s) of Entitled Depositor(s)     Securities Account Number


CDP OFFICIAL/DATE     Chartered Semiconductor Manufacturing Ltd.
FORM A

REMITTANCE TO BE ATTACHED HERE

THIS IS NOT A TRANSFERABLE OR NEGOTIABLE DOCUMENT AND IS ONLY FOR USE BY THE ENTITLED DEPOSITOR(S) WHOSE
NAME(S) APPEAR(S) BELOW. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD
CONSULT YOUR STOCKBROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER PROFESSIONAL ADVISER IMMEDIATELY.


CHARTERED SEMICONDUCTOR MANUFACTURING LTD.
(Incorporated in the Republic of Singapore on 16 November 1987)
(Company Registration Number: (UEN) 19870358K)

APPLICATION FORM FOR NEW ORDINARY SHARES AND EXCESS ORDINARY SHARES (""ARE'')



NAME(S) AND ADDRESS OF ENTITLED DEPOSITOR(S)     Securities Account Number





Number of ordinary shares in Securities Account as at 5.00 p.m. on
March 18, 2009
(the ""Ordinary Share Books Closure Date'')




Last date and time for Acceptance, Excess Application and Payment:

April 6, 2009 at 5.00 p.m. (if acceptance and (if applicable) application is made through CDP)

April 6, 2009 at 9.30 p.m. (if acceptance and (if applicable) application is made through an ATM of a
Participating Bank)     **Number of new ordinary shares provisionally allotted



If you hold ordinary shares in the capital of the Company (as defined below), or ordinary shares, through a
finance company or Depository Agent, including but
without limitation those who have paid for their ordinary shares using CPF monies, you will need to go
through these intermediaries for the acceptance of the new ordinary shares arising from the rights
offering provisionally allotted to you and (if applicable) application for the excess ordinary shares, or
excess application.  Making an acceptance and (if applicable) excess application directly to The
Central Depository (Pte) Limited, or CDP, for new ordinary shares held through such intermediaries may cause
your acceptance and (if applicable) excess application to be rejected by CDP.


IMPORTANT

EACH ENTITLED DEPOSITOR MUST COMPLETE AND SIGN THIS ARE. AN UNSIGNED ARE IS LIABLE TO BE REJECTED. THIS ARE NEED
NOT BE SUBMITTED TO CDP IF APPLICATION IS MADE THROUGH AN ATM OF A PARTICIPATING BANK (IF APPLICABLE).

Chartered Semiconductor Manufacturing Ltd. 27 for 10 Renounceable
Rights Offering of 6,869,926,194 Ordinary Shares directly or in the form of American Depositary Shares


In connection with the rights offering, a Singapore offer information statement
(comprising the prospectus supplement dated March 11, 2009, accompanying
prospectus dated March 11, 2009, and instructions booklet for participation in
the rights offering of new ordinary shares by Chartered Semiconductor
Manufacturing Ltd. dated March 11, 2009, or instructions booklet) has been
lodged as an offer information statement under Section 277 of the Securities
and Futures Act, Chapter 289 of Singapore, or the Securities and Futures Act,
with the Monetary Authority of Singapore, or the Authority.


A copy of each of this ARE and the Singapore offer information statement has
been lodged with the Authority. The Authority assumes no responsibility for the
contents of this ARE and the Singapore offer information statement. Lodgment of
this ARE and the Singapore offer information statement with the Authority does
not imply that the Securities and Futures Act, or any other legal or regulatory
requirements, have been complied with. The Authority has not, in any way,
considered the merits of the new ordinary shares being offered for investment.


In-principle approval has been obtained from the SGX-ST for the listing and
quotation of all new ordinary shares arising from the rights offering on the
Main Board of the SGX-ST, subject to certain conditions. All new ordinary
shares arising from the rights offering will be admitted to the Official List
of the SGX-ST and official quotation will commence after the share certificates
in relation thereto have been issued and the notification letters from CDP have
been despatched. The SGX-ST assumes no responsibility for the correctness or
accuracy of any of the statements made, reports contained and opinions
expressed in this ARE and the Singapore offer information statement.
In-principle approval granted by the SGX-ST for the listing and quotation of
the new ordinary shares arising from the rights offering on the Main Board of
the SGX-ST is not to be taken as an indication of the merits of the Company,
its subsidiaries, the ordinary shares in the capital of the Company, the rights
offering, the rights to buy new ordinary shares (directly or in the form of
American Depositary Shares), or the new ordinary shares arising from the rights
offering (directly or in the form of American Depositary Shares).


This ARE and the Singapore offer information statement may not be used for the
purpose of, and do not constitute, an offer, invitation or solicitation to
anyone in any jurisdiction under any circumstances in which such an offer,
invitation or solicitation is unlawful or unauthorized, or to any person to
whom it is unlawful to make such an offer, invitation or solicitation.



To: CHARTERED SEMICONDUCTOR MANUFACTURING LTD. C/O THE CENTRAL DEPOSITORY (PTE) LIMITED


Dear Sirs,


ACCEPTANCE OF PROVISIONAL ALLOTMENT OF NEW ORDINARY SHARES


*I/We hereby irrevocably accept: - (i) the number of new ordinary shares
indicated in (A) on the following page; or (ii) the number of such new ordinary
shares represented by the provisional allotment of new ordinary shares as may
be standing to the credit of the ""Free Balance'' of *my/our Securities Account
with CDP as at the abovementioned last date and time for acceptance and payment
(whichever is the lesser number), at the subscription price of S$0.07 for each
new ordinary share, or the subscription price, in accordance with and subject
to the terms and conditions of the Singapore offer information statement, (if
applicable) the Memorandum and Articles of Association of the Company, and the
instructions contained in this ARE.


*I/We hereby acknowledge that, in determining the total number of new ordinary
shares represented by the provisional allotment of new ordinary shares which
*I/we can validly accept, the Company and CDP are entitled, and *I/we hereby
authorise the Company and CDP to take into consideration:- (i) the total number
of new ordinary shares represented by the provisional allotment of new ordinary
shares which *l/we have validly accepted, whether under this ARE or any other
application form for new ordinary shares; (ii) the total number of new ordinary
shares represented by the provisional allotment of new ordinary shares standing
to the credit of the ""Free Balance'' of *my/our Securities Account with CDP
which is available for acceptance; and (iii) the total number of new ordinary
shares represented by the provisional allotment of new ordinary shares which
has been disposed of by *me/us.


*I/We hereby acknowledge that the determination of the Company and CDP shall be
conclusive and binding on *me/us.










 






    APPLICATION FOR EXCESS ORDINARY
    SHARES



 



    *I/We hereby irrevocably and
    unconditionally apply for the number of excess ordinary shares
    as indicated in (B) below in addition to *my/our
    provisional allotment of new ordinary shares indicated above at
    the subscription price in accordance with and subject to the
    terms and conditions of the Singapore offer information
    statement, (if applicable) the Memorandum and Articles of
    Association of the Company, and the instructions contained in
    this ARE. If no number is indicated, *my/our application for
    excess ordinary shares shall be treated as invalid and *I/we
    shall be deemed not to have applied for any excess ordinary
    shares notwithstanding that the remittance submitted together
    with this ARE exceeds the amount payable for *my/our acceptance
    of the new ordinary shares provisionally allotted to *me/us.
    *I/We hereby undertake and agree to accept whatever number of
    excess ordinary shares not exceeding the number of excess
    ordinary shares that
    *I/we have
    applied for as may be allotted to *me/us at the Company’s
    discretion in accordance with and subject to the terms and
    conditions of the Singapore offer information statement, (if
    applicable) the Memorandum and Articles of Association of the
    Company, and the instructions contained in this ARE.
    



 



    PAYMENT



 



    For use by persons accepting and
    (if applicable) applying through CDP with cashier’s order
    or banker’s draft



 



    *I/We enclose herewith a
    *cashier’s order/banker’s draft drawn in Singapore
    currency on a bank in Singapore for the full amount payable for
    the provisional allotment of new ordinary shares accepted by
    *me/us and (if applicable) the excess ordinary shares applied
    for by *me/us at the subscription price. *I/We hereby authorise
    CDP to present the *cashier’s order/banker’s draft in
    Singapore currency drawn on a bank in Singapore for payment and
    to return or refund any acceptance and (if applicable) excess
    application monies or the balance thereof without interest or
    any share of revenue or other benefit arising therefrom by means
    of a crossed cheque drawn on a bank in Singapore and sent by
    ordinary post at *my/our own risk to *my/our mailing address as
    recorded with CDP or in such other manner as *I/we may have
    agreed with CDP for the payment of any cash distributions.
    



 



    ELIGIBILITY TO PARTICIPATE IN
    THE RIGHTS OFFERING



 



    If *I/we have registered addresses
    outside Singapore and the United States, or *I/we *am/are
    accepting new ordinary shares
    and/or
    making an application for excess ordinary shares on behalf of a
    person located or resident outside Singapore and the United
    States, *my/our attention *has/have been drawn to the section
    entitled “The Offering — Holders of ADSs and
    Ordinary Shares Not Eligible to Participate in this
    Offering” and “The Offering — Offering,
    Selling and Transfer Restrictions” in the Singapore offer
    information statement. *I/We note that *I/we should consult
    *my/our
    professional advisers before deciding whether to participate in
    the rights offering. It is *my/our responsibility to observe the
    laws of any relevant jurisdiction(s) and to ensure that *my/our
    participation in the rights offering (whether directly or on
    behalf of another person) would not require notification,
    registration, filing or any other action to be taken in such
    jurisdiction(s).
    



 



    By accepting
    and/or
    renouncing this ARE, *I/we will be deemed to have represented
    and warranted to the Company that *I/we am/are not in any
    jurisdiction in which it is unlawful, or subject to any laws of
    any jurisdiction(s) which render it unlawful, to make or accept
    any offer to subscribe for new ordinary shares or to use this
    ARE in any manner in which *I/we have used or will use it.
    



 



    Without prejudice to the foregoing,
    the Company reserves the right, but shall not be obliged to,
    treat as invalid any acceptance or purported acceptance and (if
    applicable) excess application or purported excess application,
    or decline to register such acceptance or purported acceptance
    and (if applicable) excess application or purported excess
    application (a) which appears to the Company or its agents
    to have been executed in any jurisdiction outside Singapore and
    the United States or which the Company believes may violate any
    applicable legislation of such jurisdiction, (b) which
    provides an address outside Singapore and the United States for
    the receipt of the share certificate(s) for the new ordinary
    shares or which requires the Company to despatch the share
    certificate(s) to an address in any jurisdiction outside
    Singapore and the United States or (c) which purports to
    exclude any deemed representation or warranty.
    



 



    APPROPRIATION



 



    *I/We hereby acknowledge that, in
    the case where:-
    



 


		
	    (a) 
    
	    the amount of remittance payable to
    the Company in respect of *my/our acceptance of new ordinary
    shares and (if applicable) in respect of *my/our application for
    excess ordinary shares as per the instructions received by CDP
    on the Company’s behalf whether under this ARE, the
    Application Form for New Ordinary Shares, or ARS,
    and/or any
    other application form for the new ordinary shares
    and/or
    excess ordinary shares differs from the amount actually received
    by CDP, or
    

	 
	    (b) 
    
	    the amount as stated in
    (A) and (B) below in this ARE, (A) in the ARS
    and/or in
    any other application form for new ordinary shares
    and/or
    excess ordinary shares differs from the amount received by CDP,
    or otherwise payable by *me/us in respect of *my/our acceptance
    of the new ordinary shares and (if applicable) in respect of
    *my/our application for the excess ordinary shares,
    




 



    the Company and CDP shall be
    entitled, and *I/we hereby authorise the Company and CDP, to
    determine and appropriate all amounts received by CDP on the
    Company’s behalf for each application on its own whether
    under this ARE, the ARS
    and/or in
    any other application form for new ordinary shares
    and/or
    excess ordinary shares as follows:- firstly, towards payment of
    all amounts payable in respect of *my/our acceptance of new
    ordinary shares; and secondly, (if applicable) towards payment
    of all amounts payable in respect of *my/our application for
    excess ordinary shares. Without prejudice to the above, the
    Company and CDP shall be entitled to make such appropriation for
    each application based on the amount received for that
    application, notwithstanding payment (or overpayment) made in
    this or other application(s). *I/We hereby acknowledge that the
    determination and appropriation by the Company
    and/or CDP
    shall be conclusive and binding on *me/us.
    



 



    In the event that *I/we accept new
    ordinary shares by way of this ARE
    and/or ARS
    and/or apply
    for excess ordinary shares by way of this ARE
    and/or ARS
    and also by way of an electronic application (if applicable),
    the Company
    and/or CDP
    shall be authorised and entitled to accept *my/our instructions
    in whichever mode or combination as the Company
    and/or CDP
    may, in their/its absolute discretion, deem fit. Without
    prejudice to the generality of the foregoing, in such a case,
    *I/we have irrevocably authorised the Company
    and/or CDP
    to apply all amounts received whether under this ARE, the ARS
    and/or any
    other application form for new ordinary shares
    and/or
    excess ordinary shares (including an electronic application (if
    applicable)) in whichever mode or combination as the Company
    and/or CDP
    may, in their/its absolute discretion, deem fit.
    



 



    REGISTRATION



 



    *I/We hereby request and authorise
    the Company to register the new ordinary shares and (if
    applicable) the excess ordinary shares in the name of CDP (or
    its nominee) and to credit the same to
    *my/our
    abovementioned Securities Account with CDP.
    



 



    *I/We hereby acknowledge
    that: — (i) *my/our receipt of this ARE was
    accompanied by the Singapore offer information statement (if
    *my/our registered address with CDP as at the ordinary shares
    books closure date is in Singapore, or if *I/we had, at least
    three market days prior to the ordinary shares books closure
    date, provided CDP with an address in Singapore for the service
    of notices or documents) or the U.S. prospectus together with
    the instructions booklet (if *my/our registered address with CDP
    as at the ordinary shares books closure date is in the United
    States, or if *I/we had, at least three market days prior to the
    ordinary shares books closure date, provided CDP with an address
    in United States for the service of notices or documents).;
    (ii) this ARE and the Singapore offer information statement
    (if *my/our registered address with CDP as at the ordinary
    shares books closure date is in Singapore, or if *I/we had, at
    least three market days prior to the ordinary shares books
    closure date, provided CDP with an address in Singapore for the
    service of notices or documents) or the U.S. prospectus together
    with the instructions booklet (if *my/our registered address
    with CDP as at the ordinary shares books closure date is in the
    United States, or if *I/we had, at least three market days prior
    to the ordinary shares books closure date, provided CDP with an
    address in United States for the service of notices or
    documents) were received by *me/us in Singapore or the United
    States; and (iii) if *my/our registered address with CDP as
    at the ordinary shares books closure date is in the United
    States, or if *I/we had, at least three market days prior to the
    ordinary shares books closure date, provided CDP with an address
    in United States for the service of notices or documents, all
    references herein to the Singapore offer information statement,
    the contents of which are substantially similar to the U.S.
    prospectus together with the instructions booklet, shall be
    construed as the U.S. prospectus together with the instructions
    booklet.
    



 


	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
 
	
 
	
 
	
 
	
 
	
 
	
    Subscription

	
 
	
 
	
    ***Amount payable to

	
 
	
 
	
 

	
 
	
 
	
 
	
 
	
 
	
 
	
    price for each

	
 
	
 
	
    “CDP — CHARTERED
    SGD

    
	
 
	
 
	
    ***Cashier’s order/banker’s draft no.


	
 
	
 
	
 
	
 
	
 
	
 
	
    new ordinary

	
 
	
 
	
    RIGHTS OFFERING

    
	
 
	
 
	
    (indicate name of bank)


	
      Chartered Semiconductor Manufacturing Ltd.

	
 
	
 
	
    Quantity

	
 
	
 
	
    share
	
 
	
 
	
    ACCOUNT”
	
 
	
 
	
    (Only one single remittance is required)

	

    (A) Number of new ordinary shares accepted


	
 
	
 
	
 
	
 
	
 
	
    S$
    
	
    0.07
    
	
 
	
 
	
 
	
    S$
	
 
	
 
	
 

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 

	

    (B) Number of excess ordinary shares applied for


	
 
	
 
	
 
	
 
	
 
	
    S$
    
	
    0.07
    
	
 
	
 
	
 
	
    S$
	
 
	
 
	
 

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 

	

    Total [(A) + (B)]


	
 
	
 
	
 
	
 
	
 
	
    S$
    
	
    0.07
    
	
 
	
 
	
 
	
    S$
	
 
	
 
	
 

	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 

	

    NOTE: CDP only accepts
    BANKER’S DRAFT/CASHIER’S. Acceptance and (if
    application) excess application through CDP using any other mode
    of payment such as the use of a PERSONAL CHEQUE, POSTAL
    ORDER OR MONEY ORDER issued by a Post Office in
    Singapore will be rejected by CDP.
    



	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 
	
 









 


	 	 	 	 	 	 	 
	
 
	
 
	
    Name(s) and capacity(ies) of at least two authorised
    signatories

    (if entitled depositor is a corporation)
	
 
	
    

	
 
	
 
	
 
	
 
	
 
	
 
	
 

	
    

	
 
	
    1. ­
    ­
	
 
	
    2. ­
    ­
	
 
	
    


	
    Date

    

    

    

	
 
	
    Name and capacity

    

    

    

	
 
	
    Name and capacity

    

    

    

	
 
	
    Signature(s) of depositor(s)/joint depositors.

    (For corporations, at least two (2) authorised signatories and
    the

    Common Seal to be affixed in accordance with their

    Memorandum and Articles of Association)









 


		
	    * 
    
	    Delete accordingly.
    

	 
	    ** 
    
	    This serves as a confirmation to
    you from CDP that your Securities Account has been credited with
    the number of new ordinary shares provisionally allotted as
    stated. No other confirmation note will be sent by CDP.
    

	 
	    *** 
    
	    For use by persons accepting
    through CDP with cashier’s order or banker’s draft
    drawn in Singapore currency on a bank in Singapore.
    














 






    Form A



 



    INSTRUCTIONS FOR COMPLETION OF
    THIS APPLICATION FORM FOR NEW ORDINARY SHARES AND EXCESS
    ORDINARY SHARES (“ARE”)



 



    This ARE should be completed if you
    wish to accept the new ordinary shares provisionally allotted to
    you and (if applicable) apply for excess ordinary shares as
    indicated in this ARE unless your acceptance and (if applicable)
    excess application is made by an electronic application (if
    applicable).
    



 



    THIS ARE IS NOT TRANSFERABLE AND
    MAY ONLY BE USED BY YOU.



 



    ACCEPTANCE OF PROVISIONAL
    ALLOTMENT OF NEW ORDINARY SHARES AND APPLICATION FOR EXCESS
    ORDINARY SHARES



 



    To accept all or part of the number
    of new ordinary shares provisionally allotted to you as
    indicated in this ARE and (if applicable) to apply for excess
    ordinary shares, please: -
    



 


		
	    (i) 
    
	    complete and sign this ARE and
    return it together with a single remittance as payment
    for the full amount due on acceptance and (if applicable) excess
    application by hand to CHARTERED SEMICONDUCTOR MANUFACTURING
    LTD. C/O THE CENTRAL DEPOSITORY (PTE) LIMITED, 4 SHENTON
    WAY #02-01,
    SGX CENTRE 2, SINGAPORE 068807, or by post at your own risk
    in the enclosed self-addressed envelope provided, to
    CHARTERED SEMICONDUCTOR MANUFACTURING LTD.
    C/O THE
    CENTRAL DEPOSITORY (PTE) LIMITED, ROBINSON ROAD POST OFFICE P.O.
    BOX 1597, SINGAPORE 903147, in each case so as to arrive not
    later than 5.00 p.m. on
    April 6,
    2009; or
    

	 
	    (ii) 
    
	    make an electronic application
    through an ATM of a Participating Bank (if applicable) using
    cash only by authorising such Participating Bank to deduct the
    full amount payable for the relevant number of new ordinary
    shares accepted (and if applicable) excess ordinary shares
    applied for from your account with such Participating Bank by
    following the instructions appearing on the ATM screens of such
    Participating Bank not later than
    9.30 p.m. on April 6,
    2009. NO
    CASHIER’S ORDER OR BANKER’S DRAFT IS REQUIRED IF YOU
    ARE ACCEPTING AND (IF APPLICABLE) APPLYING THROUGH AN ATM OF A
    PARTICIPATING BANK. This ARE need not be submitted to CDP if
    an electronic application is made.
    




 



    The new ordinary shares
    provisionally allotted to you and standing to the credit of your
    Securities Account with CDP will be deemed to have been declined
    and will forthwith lapse and become void, and will cease to be
    capable of acceptance if an acceptance of such new ordinary
    shares and payment therefor are not made through CDP by
    5.00 p.m. on April 6,
    2009 or
    (if applicable) through an ATM of a Participating Bank by
    9.30 p.m. on April 6,
    2009 in
    accordance with and subject to the terms and conditions
    contained in the Singapore offer information statement, (if
    applicable) the Memorandum and Articles of Association of the
    Company, and the instructions contained in this ARE. To the
    extent that such provisional allotment of new ordinary shares
    have been accepted in part only, the balance will be deemed to
    have been declined and will forthwith lapse and become void and
    cease to be capable of being accepted by you. CDP takes no
    responsibility for any decision that you or the Company may make.
    



 



    Where an acceptance, (if
    applicable) excess application
    and/or
    payment does not conform strictly to the instructions set out
    under the Singapore offer information statement, the ARE, ARS,
    PAL and/or
    any other application form for new ordinary shares
    and/or
    excess ordinary shares, or where an acceptance
    and/or
    excess application is illegible, incomplete, or incorrectly
    completed or accompanied by an improperly or insufficiently
    drawn remittance, or does not comply with the instructions for
    electronic application (if applicable), or where the “Free
    Balance” of your Securities Account is not credited with,
    or is credited with less than the relevant number of new
    ordinary shares accepted as at the last date and time for
    acceptance, excess application and payment for the new ordinary
    shares, the Company
    and/or CDP
    may, at their/its absolute discretion, reject or treat as
    invalid any such acceptance, excess application, payment
    and/or other
    process of remittance at any time after receipt in such manner
    as they/it may deem fit.



 



    The Company
    and/or CDP
    shall be entitled to process each application submitted by an
    entitled depositor for the acceptance of his provisional
    allotment of new ordinary shares and (if applicable) excess
    application and the payment received in relation thereto on its
    own, without regard to any other application and payment that
    may be submitted by the same entitled depositor. For the
    avoidance of doubt, insufficient payment for an application may
    render the application invalid. Evidence of payment (or
    overpayment) in other applications shall not constitute, or be
    construed as, an affirmation of such invalid acceptance and (if
    applicable) application for excess ordinary shares.
    



 



    Subject to compliance with any
    applicable law or the rules of any applicable stock exchange,
    the Company may consummate the rights offering even if the
    underwriting agreement (as defined in the Singapore offer
    information statement) is terminated or the conditions precedent
    to the underwriting obligations of the underwriters (as defined
    in the Singapore offer information statement) under the
    underwriting agreement are not fulfilled or (if applicable)
    waived on or prior to the closing date of the rights offering.
    



 



    AVAILABILITY OF EXCESS ORDINARY
    SHARES



 



    The excess ordinary shares
    available for application are subject to the terms and
    conditions contained in the Singapore offer information
    statement, (if applicable) the Memorandum and Articles of
    Association of the Company, and the instructions contained in
    this ARE, the ARS, PAL and Form E. Applications for excess
    ordinary shares will, at the directors’ absolute
    discretion, be satisfied from such new ordinary shares as are
    not validly taken up by the entitled depositors or the
    purchasers of the provisional allotments of new ordinary shares,
    the entitled scripholders or their renouncees, the new ordinary
    shares underlying disregarded fractional entitlements, the
    unsold “nil-paid” provisional allotments of new
    ordinary shares (if any) of ineligible shareholders and any new
    ordinary shares that are otherwise not taken up for whatever
    reason, in accordance with the terms and conditions contained in
    this ARE, the ARS, PAL, Form E, the Singapore offer
    information statement and (if applicable) the Memorandum and
    Articles of Association of the Company. If the aggregate number
    of excess ordinary shares available for subscription (either
    directly or in the form of ADSs) is less than the aggregate
    number of excess ordinary shares so subscribed for, the Company
    will allocate the available excess ordinary shares to holders
    who have applied to subscribe for such excess ordinary shares.
    Such allocation will be made at the discretion of the Company
    primarily based on each applicant’s relative shareholding
    in the Company as of the ordinary share books closure date and
    the ADS record date, respectively, provided that no applicant
    for excess ordinary shares shall be allocated more excess
    ordinary shares than the number for which they have applied.
    Priority will be given to the rounding of odd lots but
    otherwise, no distinction will be made between directors,
    substantial shareholders, other shareholders of of the Company
    and other applicants for excess ordinary shares. CDP takes no
    responsibility for any decisions that the directors may make.
    The directors of the Company reserve the right to reject any
    application for excess ordinary shares in whole or in part
    without giving any reason whatsoever therefor. In the event that
    the number of excess ordinary shares allotted to the entitled
    depositor is less than the number of excess ordinary shares
    applied for, the entitled depositor shall be deemed to have
    accepted the number of excess ordinary shares actually allotted
    to him.
    



 



    REMITTANCE



 



    If you are accepting your
    provisional allotment of new ordinary shares and (if applicable)
    applying for excess ordinary shares through an ATM of a
    Participating Bank (if applicable), no cashier’s order or
    banker’s draft is required. You must have a valid ATM card
    issued in your own name by the relevant Participating Bank. This
    ARE need not be submitted to CDP if you are accepting and (if
    applicable) applying through an ATM of a Participating Bank.
    



 



    If you are accepting your
    provisional allotment of new ordinary shares and (if applicable)
    applying for excess ordinary shares through CDP, the duly
    completed ARE must be accompanied by A SINGLE REMITTANCE for the
    full amount payable for the relevant number of new ordinary
    shares accepted and (if applicable) excess ordinary shares
    applied for at the subscription price, made in Singapore
    currency in the form of a cashier’s order or banker’s
    draft drawn on a bank in Singapore, and made payable to
    “CDP — CHARTERED
    SGD RIGHTS OFFERING
    ACCOUNT” and
    crossed “NOT NEGOTIABLE, A/C PAYEE ONLY”. Your
    name and Securities Account number must be clearly written in
    block letters on the reverse side of the cashier’s order or
    banker’s draft. NO COMBINED CASHIER’S ORDER OR
    BANKER’S DRAFT FOR DIFFERENT SECURITIES ACCOUNTS OR OTHER
    FORM OF PAYMENT (INCLUDING THE USE OF A PERSONAL CHEQUE,
    POSTAL ORDER OR MONEY ORDER ISSUED BY A POST OFFICE IN
    SINGAPORE) WILL BE ACCEPTED.
    



 



    CERTIFICATES



 



    The certificates for the new
    ordinary shares and excess ordinary shares will be registered in
    the name of CDP or its nominee. Upon the crediting of the new
    ordinary shares and excess ordinary shares, CDP will send to
    you, BY ORDINARY POST AND AT YOUR OWN RISK, a notification
    letter showing the number of new ordinary shares and excess
    ordinary shares credited to your Securities Account.
    



 



    SALE OF PROVISIONAL ALLOTMENT OF
    NEW ORDINARY SHARES



 



    If you wish to sell all or part of
    your provisional allotment of new ordinary shares, you may do so
    through your dealer or remisier, for the period up to the last
    day for trading of the provisional allotment of new ordinary
    shares as determined by the SGX-ST. If you have sold only part
    of your provisional allotment of new ordinary shares, you can
    accept the balance of your provisional allotment of new ordinary
    shares by completing this ARE or by electronic application (if
    applicable) and following the instructions under the paragraphs
    captioned “ACCEPTANCE OF PROVISIONAL ALLOTMENT OF NEW
    ORDINARY SHARES AND APPLICATION FOR EXCESS ORDINARY SHARES”
    above. If you wish to sell all or part of your provisional
    allotment of new ordinary shares, you need not forward this ARE
    to the purchaser(s) as arrangements will be made by CDP for a
    separate ARS to be issued and sent to the purchaser(s) at
    his/their respective address(es) in Singapore or the United
    States as recorded with CDP.
    



 



    RETURN OF SURPLUS APPLICATION
    MONIES



 



    In the case of applications for
    excess ordinary shares, if no excess ordinary shares are
    allotted to you or if the number of excess ordinary shares
    allotted to you is less than that applied for, the amount paid
    on application or the surplus application monies, as the case
    may be, will be returned and refunded to you without interest or
    any share of revenue or other benefit arising therefrom within
    14 days after the last day for acceptance, excess
    application and payment of the new ordinary shares by any one or
    a combination of the following:- (i) by crediting your bank
    account with the relevant Participating Bank at your own risk
    (if you apply through an ATM of a Participating Bank (if
    applicable)), the receipt by such bank being a good discharge to
    the Company, the joint lead managers and underwriters and CDP of
    their obligations, if any, thereunder; or (ii) by means of
    a crossed cheque drawn on a bank in Singapore and sent BY
    ORDINARY POST AT YOUR OWN RISK to your mailing address as
    maintained with CDP or in such other manner as you may have
    agreed with CDP for the payment of any cash distributions (if
    you apply through CDP).
    













 






    GENERAL INSTRUCTIONS



 


		
	    (1) 
    
	    Submission of this ARE purporting
    to be signed by the person(s) in whose name(s) it was issued
    shall be conclusive evidence in favour of the Company, CDP and
    the joint lead managers and underwriters of the title of the
    person(s) lodging it to deal with the same.
    

	 
	    (2) 
    
	    If payment and acceptance of the
    provisional allotment of new ordinary shares and (if applicable)
    application for excess ordinary shares in the manner specified
    in this ARE and the Singapore offer information statement are
    not received through CDP by
    5.00 p.m. on April 6,
    2009 or
    through an ATM of a Participating Bank by
    9.30 p.m. on April 6,
    2009 (if
    applicable), the provisional allotment of new ordinary
    shares will be deemed to have been declined and will lapse and
    become void and cease to be capable of acceptance. In such
    event, CDP will, on behalf of the Company, return or refund all
    monies received subsequent to the specified time and date to you
    without interest or any share of revenue or other benefit
    arising therefrom by (i) CREDITING YOUR BANK ACCOUNT WITH
    THE RELEVANT PARTICIPATING BANK AT YOUR OWN RISK (if you accept
    and (if applicable) apply through an ATM of a Participating Bank
    (if applicable)), the receipt by such Participating Bank being
    good discharge to CDP, the Company and the joint lead managers
    and underwriters for their obligations, if any, or (ii) BY
    MEANS OF A CROSSED CHEQUE IN SINGAPORE CURRENCY DRAWN ON A BANK
    IN SINGAPORE SENT TO YOU BY ORDINARY POST AT YOUR OWN RISK to
    your mailing address as maintained with CDP or in such other
    manner as you may have agreed with CDP for the payment of any
    cash distributions (if you accept and (if applicable) apply
    through CDP).
    

	 
	    (3) 
    
	    Any surplus acceptance and (if
    applicable) excess application monies will be (i) CREDITED
    TO YOUR BANK ACCOUNT WITH THE RELEVANT PARTICIPATING BANK AT
    YOUR OWN RISK (if you accept and (if applicable) apply through
    an ATM of a Participating Bank (if applicable)), the receipt by
    such Participating Bank being good discharge to CDP, the Company
    and the joint lead managers and underwriters for their
    obligations, if any, or (ii) BY MEANS OF A CROSSED CHEQUE
    IN SINGAPORE CURRENCY DRAWN ON A BANK IN SINGAPORE SENT TO YOU
    BY ORDINARY POST AT YOUR OWN RISK to your mailing address as
    maintained with CDP or in such other manner as you may have
    agreed with CDP for the payment of any cash distributions (if
    you accept and (if applicable) apply through CDP), in each case
    without interest or any share of revenue or other benefit
    arising therefrom.
    

	 
	    (4) 
    
	    Please write clearly in English,
    using block letters.
    

	 
	    (5) 
    
	    Your attention is drawn to those
    provisions of Part VIII of the Securities and Futures Act,
    and The Singapore Code on Take-overs and Mergers, which may be
    applicable to an acquisition of ordinary shares in the capital
    of the Company. You should also consider the implications of
    those provisions before you accept the provisional allotment of
    new ordinary shares under this ARE and (if applicable) apply for
    excess ordinary shares.
    

	 
	    (6) 
    
	    On behalf of the Company, CDP
    reserves the right to refuse to accept any acceptance(s) and (if
    applicable) excess application(s) if this ARE is not duly
    executed or if the “Free Balance” of your Securities
    Account is not credited with, or is credited with less than the
    relevant number of new ordinary shares accepted as at the last
    date and time for acceptance, excess application and payment or
    for any other reason(s) whatsoever the acceptance and (if
    applicable) the excess application is in breach of, or is not in
    accordance with, the terms and conditions of, or instructions
    set out in, the ARE, the Singapore offer information statement
    or (if applicable) the Memorandum and Articles of Association of
    the Company, at CDP’s absolute discretion, and to return or
    refund all monies received to you without interest or any share
    of revenue or other benefit arising therefrom by
    (i) CREDITING YOUR BANK ACCOUNT WITH THE RELEVANT
    PARTICIPATING BANK AT YOUR OWN RISK (if you accept and (if
    applicable) apply through an ATM of a Participating Bank (if
    applicable)), the receipt by such Participating Bank being good
    discharge to CDP, the Company and the joint lead managers and
    underwriters for their obligations, if any, or (ii) BY
    MEANS OF A CROSSED CHEQUE IN SINGAPORE CURRENCY DRAWN ON A BANK
    IN SINGAPORE SENT TO YOU BY ORDINARY POST AT YOUR OWN RISK to
    your mailing address as maintained with CDP or in such other
    manner as you may have agreed with CDP for the payment of any
    cash distributions (if you accept and (if applicable) apply
    through CDP).
    

	 
	    (7) 
    
	    In the event that the Company
    and/or CDP
    receives instructions to accept the provisional allotment of new
    ordinary shares and (if applicable) instructions to apply for
    excess ordinary shares together with payment therefor both by
    way of this ARE, whether directly to CDP
    and/or
    through an ATM of a Participating Bank (if applicable), the
    Company/CDP shall be authorized and entitled to accept your
    instructions in whichever mode or a combination thereof as
    it/they may, in its/their absolute discretion, deem fit. In
    determining the number of new ordinary shares which you have
    validly given instructions to accept, you shall be deemed to
    have irrevocably given instructions to accept the lesser of the
    aggregate number of new ordinary shares you have accepted by way
    of this ARE, whether directly to CDP
    and/or
    through an ATM of a Participating Bank (if applicable), or the
    number of new ordinary shares represented by the provisional
    allotment standing to the credit of the “Free Balance”
    of your Securities Account which is available for acceptance as
    at the last date of acceptance and payment. If applicable, in
    determining the number of excess ordinary shares which you have
    validly given instructions to apply for, you shall be deemed to
    have irrevocably given instructions to apply for and agreed to
    accept such number of excess ordinary shares not exceeding the
    aggregate number of excess ordinary shares for which you have
    applied by way of this ARE, whether directly to CDP
    and/or
    through an ATM of a Participating Bank (if applicable). The
    Company
    and/or CDP,
    in determining the number of new ordinary shares and (if
    applicable) the number of excess ordinary shares in which you
    have given valid instructions for acceptance of or excess
    application for, as the case may be, shall be authorized and
    entitled to have regard to the aggregate amount of payment
    received for the acceptance of or the excess application for, as
    the case may be, new ordinary shares whether by way of
    cashier’s order or banker’s draft accompanying this
    ARE or by way of application through an ATM of a Participating
    Bank (if applicable), which you have authorised or deemed to
    have authorised to be applied towards the payment in respect of
    your acceptance and (if applicable) excess application.
    

	 
	    (8) 
    
	    By completing and delivering this
    ARE or by making an electronic application through an ATM of a
    Participating Bank (if applicable) and in consideration of the
    Company issuing and distributing this ARE to you, you agree
    that: -
    




 


		
	          (a) 
    
	    your acceptance of the provisional
    allotment of new ordinary shares and (if applicable) your
    application for excess ordinary shares is irrevocable (whether
    or not any supplementary or replacement document is lodged with
    the Authority);
    

	 
	          (b) 
    
	    your remittance will be honoured on
    first presentation and that any monies returnable may be held
    pending clearance of your payment and will not bear interest or
    enjoy any share of revenue or other benefit arising therefrom;
    

	 
	          (c) 
    
	    the contract arising from your
    acceptance of the provisional allotment of new ordinary shares
    and (if applicable) your application for excess ordinary shares
    shall be governed by, and construed in accordance with,
    Singapore law and you irrevocably submit to the non-exclusive
    jurisdiction of the Singapore courts;
    

	 
	          (d) 
    
	    in the event that your acceptance
    of your provisional allotment of new ordinary shares and (if
    applicable) excess application is/are invalid, presentation of
    your remittance for payment by or on behalf of the Company shall
    not constitute, or be construed as, an affirmation of such
    invalid acceptance and (if applicable) excess application;
    

	 
	          (e) 
    
	    all applications for excess
    ordinary shares are accepted by the Company solely by the
    allotment and issue of the relevant new ordinary shares and not
    otherwise, notwithstanding the presentation of your remittance
    for payment by or on behalf of the Company;
    

	 
	          (f) 
    
	    any interest, share of revenue or
    other benefit accruing on or arising from or in connection with
    any acceptance and (if applicable) application monies shall be
    for the benefit of the Company and neither the Company, CDP, CPF
    Board, the joint lead managers and underwriters nor any other
    person involved in the rights offering shall be under any
    obligation whatsoever to account for such interest, share of
    revenue or other benefit to you or any other person;
    

	 
	          (g) 
    
	    you will not be entitled to
    exercise any remedy of rescission for misrepresentation at any
    time after your acceptance of your provisional allotment of new
    ordinary shares and (if applicable) your application for excess
    ordinary shares;
    

	 
	          (h) 
    
	    in accepting your provisional
    allotment of new ordinary shares and (if applicable) in applying
    for excess ordinary shares, reliance is placed solely on the
    information contained in the Singapore offer information
    statement and that none of the Company, CDP, CPF Board, the
    joint lead managers and underwriters or any other person
    involved in the rights offering shall have any liability for any
    information not so contained; and
    

	 
	          (i) 
    
	    you authorise CDP to give, provide,
    divulge, disclose or reveal any information pertaining to your
    Securities Account maintained in CDP’s record, including,
    without limitation, your name(s), your NRIC number(s) or
    passport number(s), Securities Account number(s), address(es),
    the number of ordinary shares standing to the credit of your
    Securities Account, the number of new ordinary shares
    provisionally allotted to you, your acceptance and (if
    applicable) excess application and any other information to the
    Company, the joint lead managers and underwriters and any other
    relevant parties as CDP may deem fit for the purpose of the
    rights offering and your acceptance and (if applicable) excess
    application.
    




 


		
	    (9) 
    
	    You also irrevocably agree and
    acknowledge that the submission of your acceptance and (if
    applicable) excess application and payment thereof if effected
    through an ATM of a Participating Bank (if applicable), is
    subject to risks of electrical, electronic, technical and
    computer-related faults and breakdowns, fires, acts of God,
    mistakes, losses, theft (in each case whether or not within the
    control of the Company, CDP, CPF Board, the joint lead managers
    and underwriters, the Share Registrar or the Participating
    Banks) and any other events whatsoever beyond the control of the
    Company, CDP, CPF Board, the joint lead managers and
    underwriters, the Share Registrar
    and/or the
    Participating Banks and if, in any such event, the Company, CDP,
    CPF Board, the joint lead managers and underwriters, the Share
    Registrar
    and/or the
    Participating Banks do not record or receive the same by the
    last date and time for acceptance, excess application and
    payment for the new ordinary shares, or such data or tape
    containing such data is lost, corrupted, destroyed or not
    otherwise accessible, whether wholly or partially for whatever
    reason, you shall be deemed not to have accepted the new
    ordinary shares and (if applicable) applied for the excess
    ordinary shares and you shall have no claim whatsoever against
    the Company, CDP, CPF Board, the joint lead managers and
    underwriters, the Share Registrar or the Participating Banks in
    respect of any purported acceptance thereof and (if applicable)
    excess application thereof, or for any compensation, loss or
    damages in connection therewith or in relation thereto.
    

	 
	    (10) 
    
	    Unless expressly provided to the
    contrary in the Singapore offer information statement and this
    ARE, a person who is not a party to any contracts made pursuant
    to the Singapore offer information statement and this ARE has no
    rights under the Contracts (Rights of Third Parties) Act,
    Chapter 53B of Singapore to enforce any term of such
    contracts. Notwithstanding any term contained herein or therein,
    the consent of any third party is not required for any
    subsequent agreement by the parties hereto or thereto to amend
    or vary (including any release or compromise of any liability)
    or terminate such contracts. Where third parties are conferred
    rights under such contracts, those rights are not assignable or
    transferable.
    

	 
	    (11) 
    
	    Terms defined or construed in this
    ARE shall, unless otherwise stated, bear the meanings assigned
    to them in the Singapore offer information statement.
    

	 
	    (12) 
    
	    A reference to a time of the day in
    this ARE shall be reference to Singapore time, unless otherwise
    stated.