General Announcement::INTENTION TO CANCEL LISTING ON LONDON STOCK EXCHANGE
Issuer & Securities
INCH KENNETH KAJANG RUBBER PLC
INCH KENNETH KAJANG RUBBER PLC - GB0004601091 - I4R
Date &Time of Broadcast
Announcement Sub Title
INTENTION TO CANCEL LISTING ON LONDON STOCK EXCHANGE
Submitted By (Co./ Ind. Name)
LEE THAI THYE
Description (Please provide a detailed description of the event in the box below)
Further to our announcement dated 6 October 2017 on the Company's intention to cancel the Company's standard listing of its Shares of Pound Sterling 0.10 on the Official List of the UK Listing Authority (UKLA) and the cancellation of the admission to trading of the Shares on the Main Market of the London Stock Exchange (LSE) and the email received from SGX, the Company wish to advise the following:
1. Question from SGX - Please provide a timeline of the milestones in respect of the Company's application to UKLA for its Shares to be removed.
Answer - The date of the announcements to the stock exchanges for the proposed delisting and the date of the notice to all shareholders was on 6 October 2017. Barring any unforeseen circumstances, the expected date the Shares will be delisted from the Official List of the UKLA and the cancellation of trading of the Shares on LSE will be on 6 November 2017; and
2. Question from SGX - Please also provide disclosure on how the outcome of the LSE listing cancellation will impact shareholders who are holding onto the Company's Shares listed o SGX.
Answer - The outcome of the LSE listing will not have any impact on the shareholders who are holding onto the Company's shares listed on SGX as all the shares held by Singaporean has been transferred to Bursa Malaysia Berhad.
This Announcement is dated 11 October 2017.