General Announcement::Change in Use of Proceeds from the Company's Initial Public Offering

Issuer & Securities

Issuer/ Manager
SHENG SIONG GROUP LTD.
Securities
SHENG SIONG GROUP LTD - SG2D54973185 - OV8
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
28-Oct-2014 17:37:59
Status
New
Announcement Sub Title
Change in Use of Proceeds from the Company's Initial Public Offering
Announcement Reference
SG141028OTHRXXN0
Submitted By (Co./ Ind. Name)
Lim Hock Chee
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
The Company wishes to announce that it has re-allocated the unutilised IPO Proceeds which was previously intended for working capital purposes, to fund the development and expansion of the Group's grocery retailing business and operations in Singapore and overseas. Please refer to the attachment for more details.

Attachments