Microsoft Word - BHG-Update_Announcement_ 14Jan2016



UPDATE ON:
  • CREDITORS' VOLUNTARY LIQUIDATION OF SUBSIDIARY; AND
  • RECEIPT OF WRIT OF SUMMONS BY SUBSIDIARY



The Board of Directors (the "Board") of BH Global Corporation Limited (the "Company" and, together with its subsidiaries, the "Group") refers to the announcements made by the Company on 4 and 10 September 2015, 12 October 2015 and 1 December 2015. Unless otherwise defined, capitalised terms herein shall have the same meanings as used in the Company's announcement dated 4 September 2015.


The Board wishes to update the shareholders that the creditors' voluntary liquidation of OGS and the Claim are still in progress and remain pending. The Company will continue to keep shareholders updated on any material developments, as and when appropriate.


Shareholders and potential investors are advised to exercise caution when trading in shares of the Company and where in doubt as to the action they should take, they should consult their financial, tax and/or other professional adviser(s) immediately.


BY ORDER OF THE BOARD


Alvin Lim Hwee Hong Executive Chairman


14 January 2016

BH Global Corporation Limited issued this content on 2016-01-14 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-14 09:43:26 UTC

Original Document: http://bhglobal.listedcompany.com/newsroom/20160114_173228_B32_4N1LBKXLE57MGEK0.1.pdf