Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
HEALTHWAY MEDICAL CORPORATION LIMITED
Security
HEALTHWAY MEDICAL CORP LTD - SG1X09940682 - 5NG
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
27-Oct-2023 06:46:18
Status
New
Announcement Reference
SG231026SUSP38VJ
Submitted By (Co./ Ind. Name)
Chen Yeow Sin
Designation
Lead Independent Director
Narrative Type
Narrative Text
Additional TextAs announced by Healthway Medical Corporation Limited (the "Company") on 12 October 2023, the percentage of the total number of issued shares of the Company held in the public hands has fallen below 10%.
Additional TextAs the Exit Offer has closed at 5.30 p.m. (SGT) on 26 October 2023, in connection with the Company's voluntary delisting form the Catalist Board of the SGX-ST, the Company has accordingly requested the SGX-ST to suspend the trading of the Company's shares with effect from 9.00 a.m. (SGT) on 27 October 2023.
Additional TextThis announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").
Additional TextIt has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, 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 Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

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.