Notice of 3 Consecutive Years' Losses::Notice of 3 Consective Years' Losses

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Notice of 3 Consecutive Years' Losses::Notice of 3 Consective Years' Losses Issuer & Securities

Issuer/ Manager CSC HOLDINGS LIMITED

Securities CSC HOLDINGS LTD - SG1F84861094 - C06

Stapled Security No

Announcement Details

Announcement Title Notice of 3 Consecutive Years' Losses

Date & Time of Broadcast 11-Jul-2017 17:24:22

Status New

Announcement Sub Title Notice of 3 Consective Years' Losses

Announcement Reference SG170711OTHRONN6

Submitted By (Co./ Ind. Name) Lee Quang Loong

Designation Company Secretary

Description (Please provide a detailed

description of the event in the box below) Please refer to the additonal details below.

Additional Details

CSC HOLDINGS LIMITED hereby gives notice that:

  1. it has recorded pre-tax losses for the three (3) most recently completed consecutive financial years (based on audited full year consolidated accounts); and

  2. its latest 6-month average daily market capitalisation as at (a) is (b) a) Date 10/07/2017

b) Latest 6-month average daily market

capitalisation S$47.29 Million

The Company wishes to draw investors' attention to Rule 1311(1) of the Listing Manual which states that the Exchange will place an issuer on a watch-list if it records:

pre-tax losses for the three (3) most recently completed consecutive financial years (based on audited full year consolidated accounts); and an average daily market capitalisation of less than S$40 million over the last 6 months.

Investors should also note that pursuant to Practice Note 13.2 Paragraph 2.1, the Exchange conducts quarterly reviews to identify issuers to be included on the watch-list. The quarterly review will take place on the first market day of March, June, September and December of each year. The Company will make an immediate announcement should it be notified by the Exchange that it will be placed on the watch-list.

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=Announcem...

11/7/2017

CSC Holdings Ltd. published this content on 11 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 July 2017 01:49:12 UTC.

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