Asset Acquisitions and Disposals::PROPOSED S$1.88 BILLION ACQUISITION OF 66.9998% OF PT GOLDEN ENERGY MINES TBK

Issuer & Securities

Issuer/ Manager
UNITED FIBER SYSTEM LIMITED
Securities
UNITED FIBER SYSTEM LIMITED - SG1E52852266 - P30
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
10-Oct-2014 17:24:32
Status
New
Announcement Sub Title
PROPOSED S$1.88 BILLION ACQUISITION OF 66.9998% OF PT GOLDEN ENERGY MINES TBK
Announcement Reference
SG141010OTHRDSDZ
Submitted By (Co./ Ind. Name)
Pauline Lee
Designation
Acting CEO
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of United Fiber System Limited (the "Company" and together with its subsidiaries, the "Group") would like to update Shareholders that a audited consolidated financial statements for the financial year ended 31 December 2011 ("FY2011") prepared in accordance with International Financial Reporting Standards ("IFRS") ("FY2011 IFRS Audited FS"), has been prepared for the purpose of preparing the Proforma Information of the Enlarged Group, in connection with the proposed 66.9998% acquisition of the total issued and paid-up share capital of PT Golden Energy Mines Tbk from PT Dian Swastatika Sentosa Tbk ("Proposed DSS Acquisition"). There are no material differences between the accounting principles adopted by the Group in preparing the financial statements in accordance with IFRS and Singapore Financial Reporting Standards.

Copies of the aforesaid FY2011 IFRS Audited FS are annexed as "Appendix A" to this announcement.

By Order of the Board
Pauline Lee
Acting Chief Executive Officer
10 October 2014

Attachments

Appendix A-FY2011 IFRS FS.pdf
Total size =4135K