Response to Query Regarding Trading Activity::
Issuer & Securities
Issuer/ Manager
DRAGON GROUP INTL LIMITED
Securities
DRAGON GROUP INTL LIMITED - SG2C50963991 - MT1
Stapled Security
No
Announcement Details
Announcement Title
Response to Query Regarding Trading Activity
Date &Time of Broadcast
13-Oct-2016 19:58:51
Status
New
Announcement Reference
SG161013OTHRE0QJ
Response Submitted Date/ Time
13-Oct-2016 19:58:51
Response Details
Response Submitted By (Co./ Ind. Name)
Dato' Michael Loh Soon Gnee
Respondent's Designation
Executive Chairman & CEO
Response Description (Please provide a detailed description of the Response to Query in the box below)
The Board of Directors of Dragon Group International Limited refers to the queries raised by the Singapore Exchange Securities Trading Limited regarding trading activity on 13 October 2016. The Company appends the queries and its responses as follows:
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 Company or its subsidiaries or associated companies that might explain the trading in shares of the Company. The Company will make an appropriate announcement if and when there are any material developments.
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 trading.
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 in the listing manual of the SGX-ST and, in particular, listing rule 703 of the Listing Manual regarding disclosure of material information.
BY ORDER OF THE BOARD
Dato Michael Loh Soon Gnee
Executive Chairman and Group CEO
13 October 2016
Attachments
DGI_Reply%20to%20SGX%20Queries%20on%20Trading%20Activity.pdf
Total size =333K
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