The Board of Directors of Soon Lian Holdings Limited (the “Company”) refers to the announcement dated 24 May 2011 on the abovementioned subject matter (the “Announcement”). Unless otherwise defined, all capitalised terms used in this announcement shall continue to have the same meanings ascribed to them in the Announcement.
The completion of the Proposed Acquisition was originally scheduled to take place on 28 July 2011. In view that certain condition precedents have not been fulfilled as of 28 July 2011, the Company and the Vendors have agreed to postpone the completion date to 28 October 2011 or such other date as the Company and the Vendors may agree, pursuant to a supplemental agreement dated 28 July 2011.
By Order of the Board
Tan Yee Chin
Chairman and CEO
29 July 2011
This announcement has been prepared by the Company and its contents have been reviewed by the Company’s 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.