(UEN : 197902647M)
(Incorporated with limited liability in the Republic of Singapore on 5 September 1979)
UPDATE ON THE PROPOSED SHARE CONSOLIDATION - RECEIPT OF IN-PRINCIPLE APPROVAL FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITEDIn this announcement, unless otherwise defined, capitalised terms have the same meaning ascribed to them in the announcement made by the Company on 30 June 2015.
1.1.1
2.
2.1
2.2
The Directors of the Company refer to the announcements dated 26 May 2015 and 30 June
2015 in relation to the Proposed Share Consolidation.
The Directors are pleased to announce that the in-principle approval (the "IPA") has been obtained from the SGX-ST on 15 July 2015, for the listing and quotation of the Consolidated Shares on the mainboard of the SGX-ST.
The IPA is subject to:
(a) Shareholders' approval being obtained for the Proposed Share Consolidation at an extraordinary general meeting to be convened; and
(b) compliance with the SGX-ST's listing requirements.
2.3
Please note that the IPA of the SGX-ST is not to be taken as an indication of the merits of the
Proposed Share Consolidation, Consolidated Shares, the Company and/or its subsidiaries.
By Order of the Board
Michael See Kian Heng
Group Chief Executive Officer & Group Executive Director
15 July 2015
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