Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
LIAN BENG GROUP LTD
Security
LIAN BENG GROUP LTD - SG1G55870362 - L03
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
10-Jul-2023 07:04:47
Status
New
Announcement Reference
SG230707SUSPAOYQ
Submitted By (Co./ Ind. Name)
Low Beng Tin
Designation
Independent Director
Narrative Type
Narrative Text
Additional TextWe refer to the announcement dated 4 July 2023 released by Lian Beng Group Ltd (the "Company").
Additional TextThe percentage of the total number of issued shares of the Company (the "Shares") (excluding any Shares held in treasury) held in public hands has fallen below 10% and is, therefore, less than the requisite percentage as required under Rule 723 of the Listing Manual of the Main Board of the SGX-ST (the "Listing Manual").
Additional TextAs the Offer has closed at 5.30 p.m. (Singapore time) on 7 July 2023, the Company has accordingly requested for the SGX-ST to suspend the trading of the Company's Shares pursuant to Rule 1303(1) of the Listing Manual with effect from 9.00 a.m. (Singapore time) on 10 July 2023.

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.