General Announcement::TRADE WITH CAUTION

Issuer & Securities

Issuer/ Manager
CEFC INTERNATIONAL LIMITED
Securities
CEFC INTERNATIONAL LIMITED - BMG1989W1055 - Y35
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Jul-2015 18:30:18
Status
New
Announcement Sub Title
TRADE WITH CAUTION
Announcement Reference
SG150721OTHRDTK0
Submitted By (Co./ Ind. Name)
SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Designation
SURVEILLANCE
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market s attention to the recent query SGX-ST issued to CEFC International Limited (the "Issuer") on 21 July 2015 regarding the substantial increase in its share price by 195% between 20 and 21 July 2015. The Issuer has responded on 21 July 2015 that apart from its previous announcements on 7 July 2015 and 13 July 2015 relating to its "Discussions on Potential Joint Ventures", and Business Times news regarding these Potential Joint Ventures, it was not aware of any reasons that could possibly explain the trading in its securities.

In view of the trading activities observed and the Issuer's response, shareholders and potential investors should exercise caution when dealing in the securities.

We also wish to highlight that this is the 2nd query on unusual trading activities in the shares of CEFC International Limited in the past 1 month.

The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.