Nippecraft : Update Of Financial Position And Future Direction For the Second Quarter Ended 30 June 2015 Under Rule 1313 (2) Of The Listing Manual

Nippecraft Limited is a Singapore-based lifestyle stationery solutions provider. The principal activities of Company and its subsidiaries are those relating to the design, manufacture, distribution and trading of paper, personal and business organizing tools, as well as general trading of pulp, chemical, and recycled waste and other products. It operates through two segments: Stationery and Trading. The Stationery business segment designs, develops, sells and markets planners and diaries, business accessories, and related stationery products. The Trading business segment is focused on trading and sourcing recycled waste, chemicals, papers, paper bags, pulp and other related materials. The Company’s brands include Collins and Debden. It serves various markets, including the United Kingdom, Australia, Singapore, Indonesia, the United Arab Emirates, Hong Kong, Continental Europe, and the United States. Its subsidiaries include Collins Debden Pty Limited and Collins Debden USA, Inc.