Financial Statements and Related Announcement::First Quarter Results
Issuer & Securities
VARD HOLDINGS LIMITED
VARD HOLDINGS LIMITED - SG2C47963963 - MS7
Financial Statements and Related Announcement
Date &Time of Broadcast
Announcement Sub Title
First Quarter Results
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
Please see attached.
The attached 1Q2018 Results have not been reported on in accordance with Rule 25 of the Singapore Code on Take-overs and Mergers ("Code").
The Company refers to its announcement dated 10 May 2018 setting out (1) the outcome of the review by the Singapore Exchange Regulation Pte Ltd ("SGX Regco") and (2) the Company's intention (after consultation with the Offeror) to continue with the proposed voluntary delisting of the Company pursuant to Rules 1307 and 1309 of the SGX-ST listing manual. The Company has consulted with the Securities Industry Council on the application of Rule 25 of the Code and the reports required in connection with the 1Q2018 Results, especially given SGX Regco's requirement for an updated recommendation from the Independent Directors. In the circumstances, the Company will procure that the 1Q2018 Results are reported on in accordance with Rule 25 of the Code and announce the results of such reviews by 31 May 2018.
For Financial Period Ended
Total size =1710K