Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
GLOBAL DRAGON LIMITED
Security
GLOBAL DRAGON LIMITED - SG1H06873795 - 586
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
10-Apr-2023 17:19:01
Status
New
Announcement Reference
SG230410SUSPLZBL
Submitted By (Co./ Ind. Name)
Koh Kian Soo
Designation
Executive Chairman
Narrative Type
Narrative Text
Additional Text1. As announced by Global Dragon Limited (the "Company") on 9 March 2023, the percentage of the total number of issued shares (excluding treasury shares) of the Company held by the public as at 6.00 p.m. (Singapore time) on 8 March 2023 has fallen below 10%.
Additional Text2. As the offer has closed as at 5.30 p.m. (Singapore time) on 10 April 2023, the Company has accordingly requested the Singapore Exchange Securities Trading Limited to suspend the trading of the Company's shares with effect from 9.00 a.m. on 11 April 2023.
Additional Text3. This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor").
Additional Text4. It 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 Text5. The contact person for the Sponsor is Ms Lee Khai Yinn (Telephone no.: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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.