Wednesday, March 19, 2014

Company announcements: Albedo, Jardine C&C

Albedo - REQUEST FOR TRADING HALT

Announcement Type: REQUEST FOR TRADING HALT
Company: ALBEDO LIMITED
Stock Code/Name: 5IB - Albedo

REQUEST FOR TRADING HALT
* Asterisks denote mandatory information
Name of Announcer *ALBEDO LIMITED
Company Registration No.200505118M
Announcement submitted on behalf of ALBEDO LIMITED
Announcement is submitted with respect to *ALBEDO LIMITED
Announcement is submitted by *Tan Swee Gek
Designation *Company Secretary
Date & Time of Broadcast19-Mar-2014 10:08:57
Announcement No.00011
 
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Date of Trading Halt * 19/03/2014
Time of Trading Halt *1015 hours
Reasons for Trading Halt *
Pending release of announcement.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of the announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of the announcement, including the correctness of any of the statements or opinions made or reports contained in the announcement.

The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone (65) 6229 8088.
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Albedo - QUERY REGARDING TRADING ACTIVITY

Announcement Type: QUERY REGARDING TRADING ACTIVITY
Company: ALBEDO LIMITED
Stock Code/Name: 5IB - Albedo

QUERY REGARDING TRADING ACTIVITY
* Asterisks denote mandatory information
Name of Announcer *SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Company Registration No.197300970D
Announcement submitted on behalf of SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Announcement is submitted with respect to *ALBEDO LIMITED
Announcement is submitted by *SURVEILLANCE
Designation *SGX-ST
Date & Time of Broadcast19-Mar-2014 10:07:45
Announcement No.00010
 
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Description *19 March 2014

Albedo Limited

Dear Sir

QUERY REGARDING TRADING ACTIVITY

We have noted, and draw to your attention, unusual price movements in your shares today. To ensure a fair, orderly and transparent market, please answer each of the following:

Question 1: Are you (the issuer) aware of any information not previously announced concerning you, your subsidiaries or associated companies which, if known, might explain the trading? Such information may include events that are potentially material and price-sensitive, such as discussions and negotiations that may lead to joint ventures, mergers, acquisitions or purchase or sale of a significant asset. You may refer to paragraph 9 in Appendix 7A of the Catalist Rules for further examples.
- If yes, the information shall be announced immediately.

Question 2: Are you aware of any other possible explanation for the trading? Such information may include public circulation of information by rumours or reports.

Question 3: Can you confirm your compliance with the listing rules and, in particular, Catalist Rule 703?

The Board of Directors shall collectively and individually take responsibility for the accuracy of the reply to the query. Please also refer to Practice Note 7A of the Catalist Rules for guidelines to deal with particular situations and issues. This may include the issuance of a holding announcement, if necessary.

Please respond immediately via SGXNet. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Securities Market Control (or, if you need to discuss the matter, your sponsor) immediately. Thank you for your cooperation.

We have released this letter via SGXNet.

Yours faithfully


Kelvin Koh
Vice President
Head of Surveillance


Notes:
1. An issuer must announce any information known to the issuer concerning it or any of its subsidiaries or associated companies which is necessary to avoid the establishment of a false market in the issuers securities, or would be likely to materially affect the price or value of its securities (Rule 703).
2. An issuer must undertake a review to determine the causes of any unusual trading activity (paragraph 22 of Appendix 7A).
3. An announcement should, among other things, state whether the issuer or any of its directors are aware of the reasons for the unusual trading activity and whether there is any material information which has not been publicly disclosed (paragraph 33 of Appendix 7A).
4. Your responsibility under listing rules is not confined to, or necessarily satisfied by, answering the questions in this letter.
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Jardine C&C - MISCELLANEOUS :: TRADE WITH CAUTION

Announcement Type: MISCELLANEOUS
Company: JARDINE CYCLE & CARRIAGE LTD
Stock Code/Name: C07 - Jardine C&C

MISCELLANEOUS :: TRADE WITH CAUTION
* Asterisks denote mandatory information
Name of Announcer *SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Company Registration No.197300970D
Announcement submitted on behalf of SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
Announcement is submitted with respect to *JARDINE CYCLE & CARRIAGE LTD
Announcement is submitted by *SURVEILLANCE
Designation *SGX-ST
Date & Time of Broadcast19-Mar-2014 09:33:24
Announcement No.00009
 
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Announcement Title *TRADE WITH CAUTION
Description
Singapore Exchange Securities Trading Limited (SGX-ST) wishes to draw the markets attention to the recent query SGX-ST issued to Jardine Cycle & Carriage Ltd (the Issuer) on 18 March 2014, regarding the substantial increase in its share price by 12.2% between 14 March 2014 and 18 March 2014. The Issuer has responded on 19 March 2014 that that its share price may possibly have been impacted favourably by recent developments in Indonesia, through its significant investment in PT Astra International Tbk (Astra). It added that the recent news from Indonesia regarding the nomination of Mr Joko Widodo, a popular Indonesian presidential candidate, on 14th March 2014 had coincided with a spike in the share price of the Company (up 9% compared to the previous day). An increase in the Jakarta Composite Index and a similar run up in the share price can be observed for Astra (up 7% compared to the previous day) on the same day. The continued recovery of the IDR since the beginning of the year may be another factor giving a positive boost to the Company when it translates Astras profit contribution from IDR to USD.

In view of the trading activities observed and the Issuers response, shareholders and potential investors should exercise caution when dealing in the securities.

The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market.
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