We refer to the announcements dated 11 December 2012, 8 March 2013, 28 May 2013, 10 June 2013 and 21 August 2013 in relation to the conditional eligibility-to-list (“ETL”) letter from the SGX-ST (“Initial ETL Letter”) and applications by STM-Trust to seek for extensions of the validity period of the conditional ETL.
On behalf of the Board of Directors of BToto, Maybank Investment Bank Berhad wishes to announce that STM-Trust has received the following: (i) a new conditional ETL letter from the SGX-ST (“New ETL”) dated 14 October 2013 for the listing of and quotation for all the issued units in STM-Trust on the Mainboard of the SGX-ST, which supersedes the Initial ETL Letter; and
(ii) a letter from the Monetary Authority of Singapore (“MAS”) dated 16 October 2013 to inform that STM-Trust may proceed with the lodgment of the prospectus for the Proposed Listing with the MAS.
The conditions of the New ETL are similar to the conditions set out in the Initial ETL Letter as announced on 11 December 2012, save for, among others, the following additional conditions: (i) minimum issue price of SGD0.50 for the initial public offering pursuant to the Proposed Listing; and (ii) inclusion in the prospectus of a valuation report that is not more than 6 months old from 27 September 2013.
The New ETL is valid for 3 calendar months from the date of the said letter.
This Announcement is dated 16 October 2013. |