Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
ARA ASSET MANAGEMENT LIMITED
Security
ARA ASSET MANAGEMENT LIMITED - BMG045121024 - D1R
Note: In line with current market practice, all securities related to the trading counter have also been similarly suspended.

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
06-Apr-2017 07:30:53
Status
New
Announcement Reference
SG170406SUSP9F9K
Submitted By (Co./ Ind. Name)
Lim Hwee Chiang
Designation
Director
Narrative Type
Narrative Text
Additional TextPursuant to the proposed acquisition of ARA Asset Management Limited (the "Company") by Athena Investment Company (Cayman) Limited by way of a scheme of arrangement under Section 99 of the Companies Act 1981 of Bermuda. As announced by the Company on 4 April 2017, the last day of trading of shares of the Company was 5 April 2017.

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.