Announcement Title General Announcement
Announcement Subtitle TRADE WITH CAUTION
Securities CHINA ESSENCE GROUP LTD. (CESSENCE)
Date & Time of Broadcast Jul 29, 2015 8:39
Description Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market's attention to the recent query SGX-ST issued to China Essence Group Ltd. (the "Issuer") regarding the substantial increase in its traded volume and increase in its share price by 450% on 28 July 2015. The Issuer has responded on 28 July 2015 that apart from the previous announcements in relation to the resignation of BDO Limited and BDO LLP as the Company s joint auditors and the resignation of Mr Lai Hock Meng, Peter as independent director of the Company dated 27 July 2015 and 25 June 2015 respectively, it was not aware of any reasons that could possibly explain the trading in its securities.

In view of the trading activities observed and the Issuer's 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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