Financial Statements and Related Announcement::Full Yearly Results

Issuer & Securities

Announcement Title: Financial Statements and Related Announcement
Date &Time of Broadcast: 01-Mar-2015 20:59:31
Status: New
Announcement Sub Title: Full Yearly Results
Announcement Reference: SG150301OTHRSARB
Submitted By (Co./ Ind. Name): Seow Soon Yong
Designation: Chief Executive Officer
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format): CLARIFICATION ON THE ANNOUNCEMENT IN RELATION TO THE UNAUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014

The Board of Directors of Yongnam Holdings Limited (the "Company") refers to announcement released on 28 February 2015 in relation to the captioned subject (Announcement reference no. SG150228OTHRBL9S) and wishes to clarify that under Paragraph 8 "Review of the Performance of the Group", the net assets value should read as follows: -

Net asset value per share declined by 1.33 Singapore cents, from 25.01 Singapore cents as at 31 December 2013 to 23.68 Singapore cents as at 31 December 2014.

A copy of the revised financial statements announcement for the financial year ended 31 December 2014 is attached hereto for information and reference.

BY ORDER OF THE BOARD

Seow Soon Yong
Chief Executive Officer
1 March 2015

Total size =195K