SCINTRONIX CORPORATION LTD. (Company Registration Number: 199901719E) (Incorporated in the Republic of Singapore) (the "Company")

APPLICATION FOR EXTENSION OF TIME TO MEET THE REQUIREMENTS TO EXIT FROM THE WATCH-LIST


The Company refers to the announcements released by the Company on 2 December 2013 and 5 December 2013.
The Company is pleased to announce that in response to the application ("Application") submitted to the Singapore Exchange Securities Trading Limited ("SGX-ST") for an extension of time to meet the requirements for removal from the Watch-list of the SGX-ST, the SGX-ST has, on 13 December 2013, informed the Company that it has no objection to granting the Company an extension of time of up to three months to 5 March 2014, subject to the Company announcing the period of extension granted, the reasons for seeking the extension of time and the conditions for the extension granted ("Decision").
As disclosed in the Company's announcement dated 2 December 2013, the Company has identified a suitable new business to be injected into the group and will require more time to finalise the necessary arrangements. Further announcements will be made in due course.
The board of directors of the Company wishes to remind shareholders of the Company ("Shareholders") that the SGX-ST reserves the right to amend/vary its Decision and its Decision is subject to changes in its policies. Hence, Shareholders of the Company are advised to exercise caution when dealing in the shares of the Company and to refrain from taking any action in relation to their shares which may be prejudicial to their interests. Persons, who are in doubt, as to the action they should take, should consult their stock broker, bank manager, solicitor, accountant or other professional advisers.
By Order of the Board
Scintronix Corporation Ltd.
Yuan Boyin
Executive Chairman
13 December 2013

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