Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Security
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20
Note: In line with current market practice, all securities related to the trading counter have also been similarly suspended.

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
02-Sep-2019 16:00:45
Status
New
Announcement Reference
SG190902SUSPF544
Submitted By (Co./ Ind. Name)
Kuah Geok Lin
Designation
Chairman cum CEO
Narrative Type
Narrative Text
Additional TextThe Company refers to the trading halt of the Company's shares on 29 August 2019 and the announcement pertaining to the Receipt of Statutory Demand of Payment dated 02 September 2019.

With the statutory demand from UOB, the Company is unable to reasonably assess its financial position.
Additional TextPursuant to Listing Rule 1303(3), the Company is requesting for a voluntary suspension of trading of its shares with immediate effect pending the resolution of the situation.

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.