Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
CHINA JISHAN HOLDINGS LIMITED
Security
CHINA JISHAN HOLDINGS LIMITED - SG1P40918440 - J18
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
14-Jul-2020 17:37:58
Status
New
Announcement Reference
SG200714SUSPE5C4
Submitted By (Co./ Ind. Name)
Xiao Ziliang
Designation
Executive Director/Chief Executive Officer
Narrative Type
Narrative Text
Additional TextReference is made to the previous announcements released by the Company on 5 June 2020, 9 June 2020, 17 June 2020 and 1 July 2020 in relation to, inter alia, its ability to operate as a going concern.
Additional TextAs disclosed in the announcement dated 1 July 2020, based on the current status of discussions with the potential lenders, the Board is of the view that the Company is unable to enter into supplementary loan agreement(s) with its existing third-party lenders and/or obtain fresh funding by 15 July 2020.
Additional TextAs such, pursuant to Rule 1303(3) of the SGX-ST Listing Manual, the Company is requesting for a voluntary suspension in the trading of Company's shares.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

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