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ATTILAN GROUP LIMITED
(Incorporated in Singapore)
(Company Registration Number: 199906459N)
UPDATE ON DELISTING
The Board of Directors (&ldquo Board&rdquo ) of Attilan Group Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its announcements on 6 June 2019 and 23 July 2019 in relation to the Notification of Delisting (&ldquo Notification&rdquo ) from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) (&ldquo Previous Announcements&rdquo ). Unless otherwise defined, all terms and references used herein shall bear the same meaning as ascribed to them in the Previous Announcements.
DATE OF DELISTING
As announced on 23 July 2019, the Company is not able to provide a reasonable exit offer for the following reasons:
(i) as disclosed in the Group&rsquo s financial results announcement for the first quarter period ended 31 March 2019, the Group recorded an amount of S$62,702 in cash and cash equivalent at the end of the quarter and the Company is in a net liabilities position and
(ii) none of the Company&rsquo s controlling shareholders have expressed any intention to make an exit offer.
After consultation with the SGX-ST, the Company will be delisted from the SGX-ST with effect from 9.00 a.m. on 15 October 2019 and there will be no exit offer from the Company nor its controlling shareholder.
The Company will continue to exist as an unlisted public limited company with all its existing shareholders after it is delisted from the SGX-ST.
The Company wishes to inform shareholders of the Company (&ldquo Shareholders&rdquo ) that shares held with the CDP prior to the delisting date will have their shares withdrawn from the CDP once the Company has been delisted from SGX-ST. Physical share certificates will be returned to the Shareholders by the Company at the Shareholders&rsquo respective addresses as such addresses appear in the records of CDP for their physical safe-keeping after the delisting. Share certificates belonging to investors under the CPF Investment Scheme (&ldquo CPFIS&rdquo ) and the Supplementary Retirement Scheme (&ldquo SRS&rdquo ), as the case may be, will be forwarded to their respective agent banks included under the CPFIS and the SRS, as the case may be, for their safe-keeping.
Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders and other stakeholders should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.
BY ORDER OF THE BOARD
Datuk Jared Lim Chih Li
Managing Director
8 October 2019
(Incorporated in Singapore)
(Company Registration Number: 199906459N)
UPDATE ON DELISTING
The Board of Directors (&ldquo Board&rdquo ) of Attilan Group Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its announcements on 6 June 2019 and 23 July 2019 in relation to the Notification of Delisting (&ldquo Notification&rdquo ) from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) (&ldquo Previous Announcements&rdquo ). Unless otherwise defined, all terms and references used herein shall bear the same meaning as ascribed to them in the Previous Announcements.
DATE OF DELISTING
As announced on 23 July 2019, the Company is not able to provide a reasonable exit offer for the following reasons:
(i) as disclosed in the Group&rsquo s financial results announcement for the first quarter period ended 31 March 2019, the Group recorded an amount of S$62,702 in cash and cash equivalent at the end of the quarter and the Company is in a net liabilities position and
(ii) none of the Company&rsquo s controlling shareholders have expressed any intention to make an exit offer.
After consultation with the SGX-ST, the Company will be delisted from the SGX-ST with effect from 9.00 a.m. on 15 October 2019 and there will be no exit offer from the Company nor its controlling shareholder.
The Company will continue to exist as an unlisted public limited company with all its existing shareholders after it is delisted from the SGX-ST.
The Company wishes to inform shareholders of the Company (&ldquo Shareholders&rdquo ) that shares held with the CDP prior to the delisting date will have their shares withdrawn from the CDP once the Company has been delisted from SGX-ST. Physical share certificates will be returned to the Shareholders by the Company at the Shareholders&rsquo respective addresses as such addresses appear in the records of CDP for their physical safe-keeping after the delisting. Share certificates belonging to investors under the CPF Investment Scheme (&ldquo CPFIS&rdquo ) and the Supplementary Retirement Scheme (&ldquo SRS&rdquo ), as the case may be, will be forwarded to their respective agent banks included under the CPFIS and the SRS, as the case may be, for their safe-keeping.
Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders and other stakeholders should consult their stockbrokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.
BY ORDER OF THE BOARD
Datuk Jared Lim Chih Li
Managing Director
8 October 2019
miss the run
MichaelSchenker ( Date: 11-Jan-2018 19:23) Posted:
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anybody remembers why was this counter suspended?
I just did a check on the SSH and looks like the major shareholders are heavyweights. Investment gone wrong?
I just did a check on the SSH and looks like the major shareholders are heavyweights. Investment gone wrong?
no news after suspension 
Tommy12356 ( Date: 14-Jun-2017 08:54) Posted:
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3 month ago was 0.004 cents
ysh2006 ( Date: 14-Jun-2017 07:27) Posted:
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This stock last time called Asiason famious in 2013 penny crash.but Sunday times on that Oct came out a report saying this stock very good not likely bankrupt.
Tommy12356 ( Date: 13-Jun-2017 23:49) Posted:
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Why suspend so long .....
Wind22i ( Date: 27-Apr-2017 15:09) Posted:
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In theory its worth only 0.001..as it already propose to issue the convertable bonds at 0.001..
Buy ISR still can punt or Like Casino, This one can totally forget it, Its a Fake push to traps retailers and the C/B at 0.001 coming to this level soon.
Buy at your own risk, DYODD. hahahaha.
SmallSmall ( Date: 29-Mar-2017 09:04) Posted:
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Tide coming in. Dead body going to float. This stock can' t be worse than ISR right?
Waiting for somneone to gobble up $0.005. Then party can start
good start today...
SmallSmall ( Date: 29-Mar-2017 09:04) Posted:
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Despites the Convertible Bonds, can this dead body move like ISR?
Coming Soon to 0.001 as per the C/Bonds. Taking look on the chart shown the drastic drops from 0.5 to now 0.3. Very soon reach ground 0.0, hahahaha.
bishalnb ( Date: 03-Mar-2017 13:45) Posted:
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Dun waste time on this counter, it is the same under probe before due to ABL saga, most recently ISR.
You can put your hardearn peanuts into others better counters, which can give you some return or dividend.
Buy at your Own Risk, DYODD for this counter.
Reverse direction. Buying lot increase everyday
yah, going that direction soon... 0.004 now.
Wind22i ( Date: 09-Feb-2017 17:23) Posted:
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In theory its worth only 0.001..as it already propose to issue the convertable bonds at 0.001..
Not sure if they are coming out with something interesting ? Price is maintaining , which is good
something brewing?
Now it plan to go into "childhood education" biz...and propose to issue convertable notes at "0.001"...
What a joke haha...
What a joke haha...