General Announcement::Holding Announcement
Issuer & Securities
CHINA MINZHONG FOOD CORPORATION LIMITED
CHINA MINZHONG FOOD CORP LTD - SG1Z73955945 - K2N
Date &Time of Broadcast
Announcement Sub Title
Submitted By (Co./ Ind. Name)
LIN GUO RONG
EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Effective Date and Time of the event
Description (Please provide a detailed description of the event in the box below)
On 31 August 2016, China Minzhong Food Corporation Limited (the "Company") requested for a halt in trading of its shares (the "Shares") on the Singapore Exchange Securities Trading Limited pending the release of an announcement.
The Company has been informed that there have been developments in relation to the proposed transaction contemplated under the Memorandum of Understanding dated 14 October 2015 disclosed in the Company's monthly updates to shareholders and the relevant parties are currently finalising such arrangements.
Further details are expected to be announced by the relevant parties, at the latest, by Tuesday, 6 September 2016. In the meantime, the trading halt in the Company's Shares will be extended until 5.00 p.m. on Tuesday, 6 September 2016.
The directors of the Company (including any director who may have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated and opinions expressed herein are fair and accurate and that no material facts have been omitted from this announcement, the omission of which would make any statement in this announcement misleading.