Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
CITICODE LTD.
Security
CITICODE LTD. - SG1Q38922098 - 5FH
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
02-Feb-2021 07:40:02
Status
New
Announcement Reference
SG210201SUSPG8H6
Submitted By (Co./ Ind. Name)
Teh Wing Kwan
Designation
Executive Chairman and Chief Executive Officer
Narrative Type
Narrative Text
Additional TextPursuant to the extraordinary general meeting on 22 February 2021 whereby shareholders' approval was obtained for the various resolutions tabled, the Company is in the process of completing the Proposed Transactions, including without limitation,
Additional Textthe Proposed Share Consolidation, the Proposed Acquisition, the Proposed Placement, the Proposed Loan Capitalisation and the Proposed Issuance of SAC Capital Shares (the "Completion"). To this end, the voluntary suspension is for the purposes of facilitating the Completion.

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.