1.2
Definition of "independent director"
(xi)
Would the issuance of shares by a listed corporation or its subsidiary to a director of such listed corporation constitute a "transaction" as used in sub-Rule (g) of the said definition?
No, the issuance of shares by a listed corporation or its subsidiary to a director of such listed corporation would not constitute a "transaction" for the purposes of sub-Rule (g) of the said definition.