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ADRs Program

DMX Technologies American Depositary Receipts (ADRs)

An ADR is a depository receipt representing the ordinary or common shares of a non-U.S. company traded on another stock exchange. ADRs are priced in U.S. dollars and traded in the U.S; allowing U.S investors to buy and sell shares of non-U.S. companies in exactly the same way as they buy or sell shares of U.S. companies.

DMX's ADRs, trading under the ticker symbol "DMXTY" on OTC Pink, are dollar-denominated securities backed by the shares traded on the Singapore Stock Exchange (5CH.SI). The ratio between the ADR and the underlying ordinary shares is 1:40, i.e one DMX ADR is the equivalent of 40 DMX ordinary shares.

ADR Details:

Listing/Trading: OTC Pink
Symbol: DMXTY
Ratio (ADR: ORD): 1:40
Depository Bank: The Bank of New York Mellon
CUSIP: 233274109

Frequently asked questions:

  1. What is an ADR?
  2. What is OTC Pink?
  3. How would a U.S. investor benefit from trading ADRs on OTC Pink as compared to trading directly on the SGX?
  4. How can I track the share price and volume of DMX's ADRs?
  5. Are ADR holders eligible to receive dividends or other distribution from DMX? How will they receive their dividends or other distributions?
  6. Do ADR holders receive notices of dividends and annual reports?
  7. What is the contact information of the local custodian?

1. What is an ADR?

A Depository Receipt ("DR") is a tradable instrument that represents ownership of equity shares in a foreign issuer. The DRs traded in the U.S. are called American Depository Receipts ("ADRs"). Each issued DR represents a certain number of underlying ordinary shares of the issuer, with such underlying shares held in custody by a depository institution (eg. Bank of New York Mellon). The ADRs are considered U.S. domestic securities, making it easier for U.S. investors to invest in non-US companies.

2. What is OTC Pink?

OTC Pink is an open marketplace that has no financial standards or reporting requirements. The stock of companies in the OTC Pink tier are not required to be registered with the SEC. Companies in this category are further categorized by the level and timeliness of information they provide to investors and may have current, limited or no public disclosure. For more information about OTC Pink, please visit http://www.otcmarkets.com/marketplaces/otc-pink.

3. How would a U.S. investor benefit from trading ADRs on OTC Pink as compared to trading directly on the SGX?

Many U.S. institutional investors are interested to invest in companies outside of U.S.; but are restricted from purchasing shares in companies that do not trade in the U.S. The ADR program on OTC Pink addresses this restriction.

4. How can I track the share price and volume of DMX's ADRs?

DMX's ADR share price and related trading statistics can be obtained from OTC Pink website at http://www.otcmarkets.com/marketplaces/otc-pink. Ticker: DMXTY

5. Are ADR holders eligible to receive dividends or other distribution from DMX? How will they receive their dividends or other distributions?

Yes. ADR holders will receive their dividends or distributions (less relevant fees) from the DMX ADR bank subject to the terms of the Deposit Agreement (which sets out the terms for the establishment of the ADR program).

6. Do ADR holders receive notices of dividends and annual reports?

ADR holders may refer to the DMX website at www.dmxtechnologies.com for notices of dividends and annual reports and may also sign up at the same website for email alerts.

7. What is the contact information of local custodian?

Securities & Fiduciary Services Operations, DBS Bank
Tel : (65) 6878 6040
Fax : (65) 6338 8939
Email : clientservices@dbs.com
Address : 60 Alexandra Terrace, The Comtech, #05-27 Singapore 118502