SIIC - Project Fudan AIP announcement (27 04 15)(OSP)


PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP CAPITAL OF GLOBAL ENVIROTECH INVESTMENT LTD. ("TARGET COMPANY") (THE "PROPOSED ACQUISITION") - APPROVAL-IN-PRINCIPLE FOR THE LISTING AND QUOTATION OF THE CONSIDERATION SHARES


The Board of Directors ("Directors") of SIIC Environment Holdings Ltd. (the "Company" and together with its subsidiaries, the "Group") refers to the announcement made by the Company on 24 March
2015 on the Proposed Acquisition ("Announcement"). Unless otherwise defined, all terms and references used herein shall bear the same meaning ascribed to them in the Announcement.
The Company is pleased to announce that it has today received the in-principle approval of the
Singapore Exchange Securities Trading Limited ("SGX-ST") for the listing and quotation for
1,560,000,000 new shares on the Main Board of the SGX-ST ("Consideration Shares"), subject to the following conditions:
(a) compliance with the SGX-ST's listing requirements;
(b) submission of a written undertaking from the Company that it will comply with Rule 803 and
812 of the SGX-ST Listing Manual; and
(c) shareholders' approval for the Proposed Acquisition and the issuance of the Consideration
Shares.
The in-principle approval granted by the SGX-ST is not to be taken as an indication of the merits of the Proposed Acquisition, the Consideration Shares, the Company and/or its subsidiaries.
The Company will make further announcements via the SGXNET on the progress of the Proposed
Acquisition.

By Order of the Board Feng Jun Executive Director

27 April 2015

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