Response to Query Regarding Trading Activity::
Issuer & Securities
UG HEALTHCARE CORPORATION LIMITED
UG HEALTHCARE CORPORATION LTD - SG1AF1000004 - 41A
Response to Query Regarding Trading Activity
Date &Time of Broadcast
Response Submitted Date/ Time
Response Submitted By (Co./ Ind. Name)
Response Description (Please provide a detailed description of the Response to Query in the box below)
The Board of Directors (the "Board ") of UG Healthcare Corporation Limited (the "Company" and together with its subsidiaries, the "Group") refers to the queries raised by the Singapore Exchange Securities Trading Limited (the "SGX-ST") in relation to the unusual price movements in the Company's shares on 25 January 2016 and wishes to provide the Company's response to such 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 9 in Appendix 7A of the Catalist Rules for further examples.
- If yes, the information shall be announced immediately.
Reply to Question 1: The Company is not aware of any information not previously announced concerning the Company, its subsidiaries or associated companies which, if known, might explain the trading.
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.
Reply to Question 2: 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, Catalist Rule 703?
Reply to Question 3: The Company confirms that it is in compliance with the listing rules and, in particular, Catalist Rule 703.
The Company has obtained the Board's approval on the aforesaid replies to the queries raised by the SGX-ST. In addition, the Board collectively and individually takes responsibility for the accuracy of the aforesaid replies to the queries raised by the SGX-ST.
By Order of the Board
Ang Beng Teck
Executive Director and Chief Executive Officer
25 January 2016
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
This 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.
The contact person for the Sponsor is Ms Tan Pei Woon (telephone no.: (65) 65323829) at 1, Robinson Road, #21-02 AIA Tower, Singapore 048542.