Response to Query Regarding Trading Activity::
Issuer & Securities
GSH CORPORATION LIMITED
GSH CORPORATION LIMITED - SG1BG1000000 - BDX
Response to Query Regarding Trading Activity
Date &Time of Broadcast
Response Submitted Date/ Time
Response Submitted By (Co./ Ind. Name)
Lee Tiong Hock
Response Description (Please provide a detailed description of the Response to Query in the box below)
The Board of Directors of GSH Corporation Limited (the "Company") refers to the queries from the Singapore Exchange Securities Trading Limited ( SGX-ST ) on 19 December 2016 regarding the unusual price and volume movements in the Company s shares and wishes to respond to the queries 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 in preliminary discussions in relation to a potential disposal transaction. No definitive legal documentation has been signed on the same matter.
The Company will make the appropriate announcements as and when there is any material development in relation to the abovementioned potential disposal transaction. Shareholders are to note that there is no assurance that the potential transaction may materialise from the discussions, and are advised to exercise caution when dealing in the shares of the Company.
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: Save as discussed in relation to Question 1, 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 its compliance with the listing rules and, in particular, Mainboard Rule 703.