Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
NAM CHEONG LIMITED
Security
NAM CHEONG LIMITED - BMG6361R2024 - N4E
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
28-Apr-2020 07:43:46
Status
New
Announcement Reference
SG200427SUSPRHRG
Submitted By (Co./ Ind. Name)
LEONG SENG KEAT
Designation
CHIEF EXECUTIVE OFFICER
Narrative Type
Narrative Text
Additional TextThe Board is unable to reasonably assess the Company's financial position and is unable to demonstrate to the Exchange and its shareholders that the Company is able to continue as a going concern.
Additional TextThus, for this reason, the Board is of the opinion that the trading in the Company's securities should be voluntarily suspended pursuant to Listing Rule 1302, and requests the SGX to suspend trading of the Company's securities.

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.