Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
UNITED FIBER SYSTEM LIMITED
Security
UNITED FIBER SYSTEM LIMITED - SG1AI1000008 - AUE

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
23-Apr-2015 07:46:08
Status
New
Announcement Reference
SG150422SUSP5Y9Q
Submitted By (Co./ Ind. Name)
Lim Ka Bee
Designation
Company Secretary
Narrative Type
Narrative Text
Additional TextCapitalised terms used herein shall have the definitions ascribed to them in the circular issued by the Company dated 30 January 2015 ("Circular") and RTO Completion Announcement (as defined below), unless otherwise stated or the context otherwise requires.
Additional TextThe Board of Golden Energy and Resources Limited (formerly known as United Fiber System Ltd) ("Company") refers to the Circular and the Company s announcement dated 20 April 2015 ("RTO Completion Announcement") relating to, inter alia, the Post- Completion Placement.
Additional TextThe trading suspension is made for the purpose of effecting the Post- Completion Placement to be undertaken, details of which are set out in the Circular and the RTO Completion Announcement.
Additional TextThe SGX-ST has permitted the Company up to one (1) month from the date of suspension, to complete the Post-Completion Placement to fulfil the Minimum Spread Requirements prior to trading of the Company's securities.
Additional TextTrading of the Shares on the SGX-ST, including those trading on the SGX-ST's unit share market, will be suspended from 9.00 a.m. on 23 April 2015, until such time when the Minimum Spread Requirements are met.
Additional TextAn application to the SGX-ST to lift the suspension will be made upon completion of the Post-Completion Placement and satisfaction of the Minimum Spread Requirements.
Additional TextThe Company will make such announcement(s) as may be necessary and/or appropriate on the suspension of trading and resumption of trading of the Company's Shares on the SGX-ST or otherwise in due course.
Additional TextRHB Securities Singapore Pte. Ltd. (formerly known as DMG & Partners Securities Pte Ltd) was the financial adviser to the Company for the acquisition of 66.9998% of the issued and paid-up share capital of PT Golden Energy Mines Tbk (the "Financial Adviser").
Additional TextThe Financial Adviser has not reviewed this announcement and assumes no responsibility for the contents of this announcement.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

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