Creative 2004 Annual Report Download - page 43

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41
Creative’s ordinary shares have been traded on the NASDAQ National Market (“NASDAQ”) since August 3, 1992, under the symbol
“CREAF.” Creative’s ordinary shares have been traded on the Singapore Exchange (“SGX-ST”) since June 15, 1994. In January 2003,
Creative announced that it intends to move to a single primary stock exchange listing on the SGX-ST. Consequently, Creative intends
to delist its ordinary shares from NASDAQ and will initiate steps that can facilitate the elimination of its U.S. public reporting obligations.
On June 1, 2003, a flow back restriction was commenced. The flow back restriction stops the electronic transfer of Creative’s ordinary
shares from the register of The Central Depository (Pte) Limited in Singapore to accounts with brokers located in the United States. The
delisting of Creative ordinary shares from NASDAQ would not affect the status of Creative’s shares on the SGX-ST.
The following table presents, for the registered shares on the NASDAQ and SGX-ST: (i) the annual high and low market prices for the
five most recent full fiscal years; (ii) the high and low market prices for each full fiscal quarter for the two most recent full fiscal years;
and (iii) the high and low market prices for each month for the most recent six months. These prices do not include retail markups,
markdowns, or commissions.
NASDAQ SGX-ST
(Price in US$/Share) (Price in Singapore $/Share)
High Low High Low
Annual High and Low
Fiscal 2000 38.00 9.69 64.00 16.60
Fiscal 2001 23.81 8.10 41.00 14.90
Fiscal 2002 15.05 4.20 27.90 8.15
Fiscal 2003 10.50 5.65 18.90 10.10
Fiscal 2004 12.59 7.73 20.40 13.80
Quarterly High and Low
Fiscal 2003:
First Quarter 10.50 6.26 18.90 11.50
Second Quarter 8.55 6.10 14.70 11.10
Third Quarter 7.75 5.65 13.70 10.10
Fourth Quarter 8.30 6.06 14.70 10.70
Fiscal 2004
First Quarter 11.08 7.73 19.00 13.80
Second Quarter 11.29 9.97 19.30 17.00
Third Quarter 12.59 10.11 20.40 17.10
Fourth Quarter 11.34 9.35 18.90 16.10
Monthly High and Low
March 2004 11.45 10.11 18.40 17.10
April 2004 11.34 10.04 18.90 17.30
May 2004 10.30 9.35 17.70 16.10
June 2004 10.39 9.57 18.10 16.80
July 2004 10.12 9.50 18.00 16.80
August 2004 10.39 9.69 18.00 17.10
As of August 20, 2004, there were approximately 14,233 shareholders of record of the ordinary shares, of which approximately 260 were
registered in the US, and approximately 13,973 in Singapore. Because many of the US shares are held by brokers and other institutions
on behalf of shareholders, Creative is unable to estimate the total number of shareholders represented by these US record holders.
On August 20, 2004, the closing price of Creative’s ordinary shares on the NASDAQ National Market was $10.24 and on the SGX-ST
was S$17.60.
STOCK MARKET INFORMATION