The Board of Directors of mm2 Asia Ltd refers to the statement made by CIMB's analyst's report dated 25th August 2016:-
“Potential catalysts include the successful transfer of listing status from Catalist to Mainboard...".
Whilst mm2 Asia Ltd would have met, by 8th December 2016, the current criteria set by SGX to apply for transfer of listing status from Catalist to the Mainboard, the Board of Directors of mm2 Asia wishes to categorically state that the matter, as of to-date, has not been discussed nor decided by the Board.
The statement by the analyst is purely a conjecture on their part.
By Order of the Board
Melvin Ang Wee Chye
Chief Executive Officer and Executive Director
29 August 2016
This announcement has been prepared by the Company and its contents have been reviewed by the Company’s sponsor, Hong Leong Finance (the “Sponsor”), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (“SGX-ST”). The Sponsor 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. Tang Yeng Yuen, Vice President, Head of Corporate Finance, at 16 Raffles Quay, #40-01A Hong Leong Building, Singapore 048581. Telephone (65) 64159886.