| Miscellaneous | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | ADVENTUS HOLDINGS LIMITED |
| Company Registration No. | 200301072R |
| Announcement submitted on behalf of | ADVENTUS HOLDINGS LIMITED |
| Announcement is submitted with respect to * | ADVENTUS HOLDINGS LIMITED |
| Announcement is submitted by * | Lim Keng Hock Jonathan |
| Designation * | Executive Director and Chairman |
| Date & Time of Broacast | 29-Feb-2012 17:12:08 |
| Announcement No. | 00066 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Announcement Title * | CHANGE OF CONTINUING SPONSOR |
| Description | The Board of Directors (the "Board") of Adventus Holdings Limited (the "Company") wishes to announce that it has appointed Stamford Corporate Services Pte. Ltd. ("SCS") to act as its Continuing Sponsor, in place of the current Continuing Sponsor, Collins Stewart Pte. Limited ("CSPL"). SCS' appointment as Continuing Sponsor will take effect from 1 March 2012. The decision for the change of Continuing Sponsor was prompted by the Board's plan to rationalize the Company's costs, taking into consideration its intention to rely on internal resources within the Group for future merger and acquisition activities. Pursuant to the requirement of Rule 228(5) of Section B (Rules of Catalist) of the SGX-ST Listing Manual (the "Catalist Rules"), CSPL, as the current Continuing Sponsor, has confirmed that, as at 29 February 2012 and based on information available to CSPL, it is not aware of any non-compliance with the Catalist Rules by the Company that has not been brought to the attention of SCS. CSPL has also made itself available for discussion with SCS as required under Rule 228(3) of the Catalist Rules. The Board would like to take this opportunity to record its thanks to CSPL for its past guidance and sponsorship as a Continuing Sponsor. On behalf of the Board Lim Keng Hock Jonathan Executive Director and Chairman 29 February 2012 _______________________________________________________________________________ This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Collins Stewart Pte. Limited for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). Collins Stewart Pte. Limited 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 Mr. Alex Tan, Managing Director, Corporate Finance, Collins Stewart Pte. Limited at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160. |
© 2012 SGX News
