General Announcement::Notification of inclusion on the watch-list due to the Minimum Trading Price entry criterion

Issuer & Securities

Issuer/ Manager
TRANSIT-MIXED CONCRETE LTD
Securities
TRANSIT-MIXED CONCRETE LTD - SG1F41856716 - 570
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Jun-2019 17:46:29
Status
New
Announcement Sub Title
Notification of inclusion on the watch-list due to the Minimum Trading Price entry criterion
Announcement Reference
SG190604OTHRDK45
Submitted By (Co./ Ind. Name)
Chen Lee Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Pursuant to the Exchange recent review, the Exchange notes that the Company has recorded:-

(i) a volume-weighted average price of less than $0.20 over the last 6 months; and
(ii) an average daily market capitalization of less than S$40 million over the last 6 months.

The Company hereby notifies the Exchange for inclusion on the watch-list due to the Minimum Trading Price entry criterion with effect from 6 June 2019.