Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
SEROJA INVESTMENTS LIMITED
Security
SEROJA INVESTMENTS LIMITED - SG1Y44946602 - IW5
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
09-Oct-2020 14:15:02
Status
New
Announcement Reference
SG201009SUSPJJA8
Submitted By (Co./ Ind. Name)
Adrian Chan Pengee
Designation
Company Secretary
Narrative Type
Narrative Text
Additional Text1. We refer to the Circular to Shareholders issued by the Company on 24 September 2020 in relation to the proposed disposal of the entire issued and paid-up capital of Trans LK Marine Pte. Ltd. ("Proposed Disposal").
Additional Text2. As stated on section 6.2 of the Circular to Shareholders, trading of the company's shares will be suspended on the date of EGM once there is approval from the shareholders.
Additional Text3. The board of directors of the Company (the "Board") wishes to announce that the Company has made a request to Singapore Exchange Securities Limited Trading Limited ("SGX-ST") for the suspension of trading of its shares. Accordingly, trading of the Company's shares on SGX-ST has been suspended with immediate effect.
Additional Text4. The Company has made the request for the suspension of trading of its shares on the basis of Rule 1018(1) of the Listing Manual of the SGX-ST which states that if the assets of an issuer of the SGX-ST consist wholly or substantially of cash or short-dated securities, its securities will normally be suspended.

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.