Microsoft Word - Project Sake - Lodgement of Court Order-Delisting Date Announcement (2015 02 04) - cln


GIKEN SAKATA (S) LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 197903879W)

PROPOSED RESTRUCTURING OF GIKEN SAKATA (S) LIMITED BY WAY OF A SCHEME OF ARRANGEMENT UNDER SECTION 210 OF THE COMPANIES ACT, CHAPTER 50 OF SINGAPORE
- LODGEMENT OF COURT ORDER, KEY EVENTS AND DATES, AND DELISTING DATE

All capitalised terms and references used in this announcement shall, unless otherwise defined herein, bear the same meaning and construction as in the Company's document to its shareholders dated 3 December
2014 in relation to the proposed restructuring of the Company to be effected by way of a scheme of arrangement under Section 210 of the Companies Act, Chapter 50 of Singapore ("Scheme Document").
1. INTRODUCTION
The Board of Directors (the "Directors") of Giken Sakata (S) Limited (the "Company", and together with its subsidiaries, the "Giken Group") refers to:
(a) the Scheme Document;
(b) the announcement dated 18 December 2014 in relation to the passing of the resolution to approve the Scheme;
(c) the announcement dated 14 January 2015 in relation to the Court hearing to sanction the
Scheme;
(d) the announcement dated 22 January 2015 in relation to the Court sanction of the Scheme;
and
(e) the announcement dated 28 January 2015 in relation to the suspension of trading of the
Company's Shares,
(collectively, the "Previous Announcements").
2. LODGEMENT OF COURT ORDER
Further to the Previous Announcements, the Directors wish to announce that a copy of the order of Court sanctioning the Scheme has been lodged with ACRA today. The Scheme has therefore become effective today.
3. KEY EVENTS AND DATES
Shareholders are reminded to note the following key events and their respective dates and times:
Date of debiting of Shares from the Securities Accounts of Depositors
: 10 February 2015
Date for crediting of Shares to GSSEL : 12 February 2015
Date and time for crediting of new GSSEL Shares into the Securities Accounts of Depositors pursuant to the Scheme
: 12 February 2015 before 9 a.m.
Date and time for the commencement of trading of
GSSEL Shares on Catalist
: 12 February 2015 at 9 a.m.
Date for the delisting of Shares from Catalist : 12 February 2015
4. DELISTING DATE
The Board wishes to announce that the SGX-ST has confirmed that the Company will be delisted from the Catalist with effect from 12 February 2015.
By Order of the Board
GIKEN SAKATA (S) LIMITED
Ng Say Tiong
Chief Financial Officer
5 February 2015
_
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd ("Sponsor"), for compliance with the relevant rules of Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by SGX-ST and SGX-ST assumes no responsibility for the contents of this document, 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 Bernard Lui, at telephone no. (65) 6389 3000; email address bernard.lui@stamfordlaw.com.sg.

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