PROFIT GUIDANCE FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017

The board of directors (the "Board") of Eindec Corporation Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce that, following a preliminary review of the Group's unaudited consolidated financial results for the financial year ended 31 December 2017 ("FY2017"), the Group expects to report a net loss for FY2017.

This was mainly attributable to the following:

  • (a) Lower revenue as a result of the challenging market environment; and

  • (b) Lower gross profit margin of clean room equipment and air purification equipment due to competitive market condition.

Further details of the Group's financial performance will be disclosed when the Company finalizes and announces the Group's unaudited consolidated financial results for FY2017, no later than 28 February 2018.

Shareholders and potential investors of the Company are advised to exercise caution in dealing in the Company's securities. When in doubt, shareholders and potential investors are advised to seek independent advice from their professional advisors before trading or making any investment decision in the Company's securities.

By Order of the Board

Shirley Tan

Company Secretary 31 January 2018

This announcement has been prepared by Eindec Corporation Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Alvin Soh, Head of Catalist Operations, Senior Vice President, and Mr Josh Tan, Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Eindec Corporation Ltd. published this content on 31 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 January 2018 09:49:04 UTC.

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