Waiver::EXTENSION OF TIME TO COMPLY WITH MINIMUM TRADING PRICE REQUIREMENT

Issuer & Securities

Announcement Title: Waiver
Date &Time of Broadcast: 26-Feb-2016 18:36:43
Status: New
Announcement Sub Title: EXTENSION OF TIME TO COMPLY WITH MINIMUM TRADING PRICE REQUIREMENT
Announcement Reference: SG160226OTHR0P3M
Submitted By (Co./ Ind. Name): Kimberley Lye Chor Mei
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): The board of directors of Bund Center Investment Ltd ("BCI" or the "Company") wishes to announce that, in response to the Company's application ("Application") to the Singapore Exchange Securities Trading Limited ("SGX-ST") for an extension of time before the Company is reviewed by SGX-ST for compliance with the requirement to maintain a minimum trading price ("MTP") of S$0.20 per share ("MTP Requirement"), the SGX-ST has, on 25 February 2016, informed the Company that SGX-ST has no objection to granting an extension of time of 6 months to the Company for its MTP criterion Watch-List review date to be extended from 1 March 2016 to 1 September 2016.

Please see attached for full announcement.

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