Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
MERCURIUS CAP INVESTMENT LTD
Security
MERCURIUS CAP INVESTMENT LTD - SG2B96959558 - 5RF
Note: In line with current market practice, trading on SGX-ST of all securities related to the counter(s) have also been similarly suspended.

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
10-Jul-2023 07:39:26
Status
New
Announcement Reference
SG230710SUSP434O
Submitted By (Co./ Ind. Name)
Chang Wei Lu
Designation
Executive Chairman
Narrative Type
Narrative Text
Additional TextThe Board of Directors ("Board") of Mercurius Capital Investment Limited (the "Company") refers to its announcements dated 3 July 2023 and 5 July 2023 in respect of the trading halt of the Company's shares and the "Receipt of Writ of Summons" announcement respectively.
Additional TextThe Company has requested to convert the trading halt to a voluntary suspension of the trading of its shares, pending the Company's assessment of the Group's ability to operate as a going concern. The Company will make an application for resumption of trading when the Company has satisfactorily resolved the above matters.
Additional TextThis announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
Additional TextThis announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.
Additional TextThe contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B, Suntec Tower 1, Singapore 038987, telephone (65) 69502188.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.