General Announcement::TRADE WITH CAUTION

Issuer & Securities

Issuer/ Manager
SINGAPORE POST LIMITED
Securities
SINGAPORE POST LIMITED - SG1N89910219 - S08

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
19-Jun-2014 08:43:04
Status
New
Announcement Sub Title
TRADE WITH CAUTION
Announcement Reference
SG140619OTHRV0DP
Submitted By (Co./ Ind. Name)
SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Designation
SURVEILLANCE
Description (Please provide a detailed description of the event in the box below)

Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market's attention to the recent query SGX-ST issued to Singapore Post Limited ("the Issuer") regarding the substantial increase in its traded volume and its share price by 5.0% on 18 June 2014. The Issuer has responded on 19 June 2014 that it was not aware of any reasons that could possibly explain the trading in its securities, except that it has been accelerating its transformation efforts over the past few years, and continues to pursue opportunities, both organic and via M&As, to drive growth in Singapore and the regional markets.

In view of the trading activities observed and the Issuer's response, shareholders and potential investors should exercise caution when dealing in the securities.

The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/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/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.