Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities::Notification of Inclusion on the Watch-List due to the Minimum Trading Price entry criterion

Issuer & Securities

Issuer/ Manager
TRANSIT-MIXED CONCRETE LTD
Securities
TRANSIT-MIXED CONCRETE LTD - SG1F41856716 - 570
Stapled Security
No

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
06-Jun-2019 10:08:11
Status
New
Announcement Sub Title
Notification of Inclusion on the Watch-List due to the Minimum Trading Price entry criterion
Announcement Reference
SG190606OTHRPICT
Submitted By (Co./ Ind. Name)
Chen Lee Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Pursuant to the Exchange recent review, the Exchange notes that the Company has recorded:

(i) a volume-weighted average price of less than $0.20 over the last 6 months; and
(ii) an average daily market capitalization of less that S$40 million over the last 6 months.

The Company hereby notifies the Exchange for inclusion of the Company on the Watch-list due to the Minimum Trading Price entry criterion with effect from 6 June 2019.