Response to Query Regarding Trading Activity::
Issuer & Securities
Issuer/ Manager
SHINVEST HOLDING LTD.
Securities
SHINVEST HOLDING LTD. - SG1CB0000000 - BJW
Stapled Security
No
Announcement Details
Announcement Title
Response to Query Regarding Trading Activity
Date &Time of Broadcast
29-Sep-2019 16:58:02
Status
New
Announcement Reference
SG190927OTHR7A82
Response Submitted Date/ Time
29-Sep-2019 16:58:01
Response Details
Response Submitted By (Co./ Ind. Name)
Voo Kim Seng
Respondent's Designation
Company Secretary
Response Description (Please provide a detailed description of the Response to Query in the box below)
The Board of Directors (the Board ) of Shinvest Holding Ltd. (the Company and together with its subsidiaries, the Group ) refers to the queries from the Singapore Exchange Securities Trading Limited ( SGX-ST ) on 27 September 2019 regarding the unusual price movements in the Company s shares and wishes to respond to the queries as follow:
Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples.
- If yes, the information shall be announced immediately.
Company s Response -
The Company is not aware of any information not previously announced concerning the Group which might explain the unusual price movements in the Company s share on 27 Sep 2019.
Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports.
Company s Response -
The Company is not aware of any other possible explanation for the unusual price movements in the Company s shares.
Question 3: Can you confirm your compliance with the listing rules and, in particular, Mainboard Rule 703?
Company s Response -
The Company confirms that it is in compliance with the listing rules of the SGX-ST and, in particular, Mainboard Rule 703. The Board collectively and individually takes responsibility for the accuracy of the aforesaid replies to the queries raised by the SGX-ST.
By Order of the Board
Teo Teck Leong
Managing Director
29 Sep 2019
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