Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
STARBURST HOLDINGS LIMITED
Security
STARBURST HOLDINGS LIMITED - SG1AA7000009 - 40D
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
09-Mar-2022 07:38:41
Status
New
Announcement Reference
SG220308SUSPZM5K
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Narrative Type
Narrative Text
Additional TextAs announced by Starburst Group Limited ("Company") on 4 March 2022, the percentage of the total number of issued shares of the Company held in public hands has on 4 March 2022 fallen below 10%.
Additional TextAs the offer has closed at 5.30 p.m. on 7 March 2022 (Singapore time), the Company has accordingly requested the Singapore Exchange Securities Limited to suspend the trading of the Company's shares with effect from 9.00 a.m. (Singapore time) on 9 March 2022.
Additional TextThis announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor").
Additional TextThis announcement has not been examined or approved by the SGX-ST. 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. David Yeong (Telephone: 65-6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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.