General Announcement::NOTIFICATION OF INCLUSION ON THE WATCH-LIST

Issuer & Securities

Issuer/ Manager
VGO CORPORATION LIMITED
Securities
VGO CORPORATION LIMITED - SG2D90976473 - PH0
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Mar-2016 09:14:48
Status
New
Announcement Sub Title
NOTIFICATION OF INCLUSION ON THE WATCH-LIST
Announcement Reference
SG160303OTHRZQGV
Submitted By (Co./ Ind. Name)
Lotus Isabella Lim Mei Hua
Designation
Company Secretary
Effective Date and Time of the event
03/03/2016 09:00:00
Description (Please provide a detailed description of the event in the box below)
VGO CORPORATION LIMITED
Incorporated in the Republic of Singapore
Registration No. 199301388D





NOTIFICATION OF INCLUSION ON THE WATCH-LIST DUE TO THE MINIMUM TRADING PRICE ( MTP ) ENTRY CRITERION WITH EFFECT FROM 3 MARCH 2016


The Exchange has notified the Company that it would be placed on the watch-list due to the Minimum Trading Price ( MTP ) Entry Criterion with effect from 3 March 2016

The Company must take active steps to meet the requirements of Listing Rule 1314(2) within 36 months from 3 March 2016, failing which the Exchange may either remove the Company from the Official List, or suspend trading of the listed securities of the Company with a view to removing the Company from the Official List.

Listing Rule 1314(2) states that the Company will be assessed by the Exchange for removal from the Watch-list if it has remained on the Watch-list for at least 6 months (this will exclude the time spent on the Watch-list due to the Financial Entry Criteria) and records volume-weighted average price of at least S$0.20 over the last 6 months prior to the date of the Exchange s review.



By Order of the Board


Lotus Isabella Lim Mei Hua
Company Secretary


Date : 3 Mar 2016

Attachments

Notification of Inclusion on the Watchlist.pdf
Total size =21K