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Additional Text | With reference to the announcement dated 14 June 2023 regarding the SGX-ST's queries on the receipt of the letters of demand and originating claim, |
Additional Text | the Company has requested for a voluntary suspension of the trading of its shares after taking into consideration, inter alia, that the Company's current liquidity position is insufficient to sustain its operation as a listed company. |
Additional Text | This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. |
Additional Text | This announcement has not been examined or approved by the SGX-ST and the SGX-ST 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 Text | The Sponsor has also not drawn on any specific technical expertise in its review of this announcement. |
Additional Text | The contact person for the Sponsor is Mr Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188. |