(The "Company")
QUARTERLY UPDATE PURSUANT TO RULE 1313(2) OF THE SGX-ST LISTING MANUAL
The Company was placed on the watch-list pursuant to Rule
1311 of the SGX-ST Listing Manual on 3 June 2011.
Pursuant to Rule 1313(2) of the SGX-ST Listing Manual, the
Board of Directors of the
Company wishes to provide the following update:
Financial Position and Cash Flow
There have been no material changes in the Company and its subsidiaries (the "Group") financial position or operating results from those disclosed in the unaudited financial statements for the financial year ended 29 February 2012, which was released on 27 April 2012.
Outlook and Future Direction
Save as disclosed in the unaudited financial statements for
the financial year ended
29 February 2012 which was released on 27 April 2012, there
are no material developments that may have a significant
impact on the financial position of the Group nor any other
updates on its future direction.
By order of the Board of
YAP KIAN PENG
Executive Chairman and Chief Executive Officer
6 May 2012
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