Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
BOLDTEK HOLDINGS LIMITED
Security
BOLDTEK HOLDINGS LIMITED - SG2F47989262 - 5VI
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
16-Jan-2023 17:08:15
Status
New
Announcement Reference
SG230116SUSPR4KS
Submitted By (Co./ Ind. Name)
PHUA LAM SOON
Designation
CHIEF EXECUTIVE OFFICER
Narrative Type
Narrative Text
Additional TextPlease refer to the Company's announcements dated 14 January 2023 in relation to Material Uncertainty related to going concern highlighted by the Company's independent auditor.
Additional TextAs mentioned in the announcement, the Company is now proactively engaging all of its stakeholders, including customers and creditors for their continued support of the Group through these circumstances,
Additional Textidentifying potential investors and exploring the sale of the Group's completed properties in Malaysia and Singapore to generate the necessary financial resources to improve the Group's financial position.
Additional TextIn light of the above and the developments to-date, the Company request to convert the trading halt to a voluntary suspension and will make an application for a resumption of trading when it has resolved the above matters.
Additional TextThis announcement has been prepared by the Company and reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").
Additional TextThis 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 TextThe contact person for the Sponsor is Mr. Leong Weng Tuck, Registered Professional, RHT Capital Pte. Ltd. 36 Robinson Road, #10-06 City House, Singapore 068877, sponsor@rhtgoc.com.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

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