Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
EXCELPOINT TECHNOLOGY LTD.
Security
EXCELPOINT TECHNOLOGY LTD - SG1BF4000009 - BDF
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
29-Aug-2022 17:29:24
Status
New
Announcement Reference
SG220829SUSPTMAU
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Narrative Type
Narrative Text
Additional TextPursuant to the proposed acquisition by WT Semiconductor Holdings Pte. Ltd. of all the issued ordinary shares in the capital of Excelpoint Technology Ltd. by way of a scheme of arrangement under Section 210 of the Companies Act 1967 of Singapore.
Additional TextAs announced by the Company on 26 August 2022, the last day of trading of the shares of Excelpoint Technology Ltd. is 29 August 2022 and trading of shares will be suspended on and from 9.00 a.m. on 30 August 2022.

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.