Things just continue to get better
2 September 2015
RULE 1312 OF THE LISTING MANUAL:
NOTICE OF THREE CONSECUTIVE YEARS’ LOSSES
In accordance with Rule 1312 of the Listing Manual, Linc Energy Ltd (SGX:TI6) (OTCQX:LNCGY)
(the "Company" or "Linc Energy") hereby gives notice that:
(i) it has recorded pre-tax losses for the three (3) most recently completed consecutive financial
years (based on the latest announced full year consolidated accounts, excluding exceptional or
non-recurrent income and extraordinary items); and
(ii) its market capitalisation on the last full market day, 1st September 2015, was SGD$86,235,349.
The Company wishes to draw investors' attention to Rule 1311 of the Listing Manual which states
that the Exchange will place an issuer on a watch-list if it records:
(i) pre-tax losses for the three (3) most recently completed consecutive financial years (based on
the latest announced full year consolidated accounts, excluding exceptional or non-recurrent
income and extraordinary items); and
(ii) an average daily market capitalisation of less than $40 million over the last 120 market days on
which trading was not suspended or halted. For the purpose of this rule, trading is deemed to be
suspended or halted if trading is ceased for the full market day.
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
Link Provided:
infopub.sgx.com/FileOpen/2015%2009%2002%20Notice%2...
