| Miscellaneous | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | PACIFIC HEALTHCARE HLDGS LTD |
| Company Registration No. | 200100544H |
| Announcement submitted on behalf of | PACIFIC HEALTHCARE HLDGS LTD |
| Announcement is submitted with respect to * | PACIFIC HEALTHCARE HLDGS LTD |
| Announcement is submitted by * | DR CHONG LAI LEONG WILLIAM |
| Designation * | EXECUTIVE DIRECTOR AND ACTING CEO |
| Date & Time of Broacast | 04-Jun-2013 19:07:29 |
| Announcement No. | 00154 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Announcement Title * | NOTIFICATION OF INCLUSION ON THE WATCH-LIST WITH EFFECT FROM 5 JUNE 2013 |
| Description | Pursuant to Rule 1311 of the Listing Manual, the Board of Directors of PACIFIC HEALTHCARE HOLDINGS LTD (the "Company") wishes to announce that the Company has been notified on 4 June 2013 by the Singapore Exchange Securities Trading Limited (the "SGX-ST") that the Company will be placed on the Watch-List with effect from 5 June 2013. The Company would be required to meet the requirements of Rule 1314 of the Listing Manual within 24 months from 5 June 2013, failing which, the SGX-ST would delist the Company or suspend trading in the Company's shares with a view to delisting the Company. Listing Rule 1314 states that an issuer may apply for its removal from the Watch-List if it satisfies any one of the following requirements: (i) records consolidated pre-tax profit for the most recently completed financial year (based on the latest full year consolidated audited accounts, excluding exceptional or non-recurrent income and extraordinary items) and has an average daily market capitalisation of S$40 million or more over the last 120 market days on which trading was not suspended or halted for a full market day; or (ii) satisfies the Listing Rule 210(3) and either one of the following requirements:- (a) cumulative consolidated pre-tax profit of at least $7.5 million for the last three years, and a minimum pre-tax profit of $1 million for each of those three years; or (b) cumulative consolidated pre-tax profit of at least $10 million for the last one or two years. Rule 210(3)(a) applies to the last one year or last two years as the case may be. The Company would like to notify all its shareholders and business partners that the Group's business shall continue as usual. By Order of the Board Dr Chong Lai Leong, William Executive Director and Acting CEO 4 June 2013 |
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