Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
KLW HOLDINGS LIMITED
Security
KLW HOLDINGS LTD - SG1G23864448 - 504

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
04-Jan-2016 08:15:37
Status
New
Announcement Reference
SG160104SUSPR9TU
Submitted By (Co./ Ind. Name)
KLW HOLDINGS LIMITED
Designation
BOARD OF DIRECTORS
Narrative Type
Narrative Text
Additional TextSuspension under Rule746(4) and Rule1303(6) of the Listing Manual (Section B:Rules of Catalist) of the Singapore Exchange Securities Trading Limited (the"SGX-ST")(the"Catalist Rules") as the Company does not have a sponsor following the end of the engagement term of its continuing sponsor on 31 December 2015.
Additional TextThe incoming continuing sponsor has not completed its due diligence. The Board will announce the appointment of a new continuing sponsor in due course.
Additional TextThe Board wishes to inform shareholders that pursuant to Rule746(5) of the Catalist Rules, the Company may be removed from the Catalist of the SGX -ST if it does not have a sponsor by 31 March 2016.
Additional TextThis announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
Additional TextThis announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement.
Additional TextThe contact person for the Sponsor is Mr. Ong Hwee Li, Tel: (65)6552 3829 at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

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