Sunvic Chemical : Notice Of 3 Consecutive Years' Losses

Issuer/ Manager

SUNVIC CHEMICAL.. HOLDINGS LIMITED

Securities

SUNVIC CHEMICAL HOLDINGS LTD - SG1U49933948 - A7S

Stapled Security

No

Announcement Title

Notice of 3 Consecutive Years' Losses

Date & Time of Broadcast

12-Apr-2017 17:11:05

Status

New

Announcement Sub Trtle

NOTICE OF 3 CONSECUTIVE YEARS' LOSSES

Announcement Reference

SG1704120THR799W

Submitted By(CoJlnd. Name)

Sun Xiao

Designation

Executiw Director and CEO

Description (Please provide a detailed description of the event inthe box below)

Please refer to the additional details below.

SUNVIC CHEMICAL HOLDINGS LIMITB> hereby givas notice that:

( ) It has recorded pre-tax losses for the three (3) most recently completed consecutive flnanclal years (based on audited full year consolidated accounts); and

(ii) its latest 6-month average daily market capitalisationas at (a) is (b)

a) Date

11/04/2017

b) Latest &-month average daily market capitalisation

5$53,385,910

The Company wishes to draw investors' attention to Rule 1311(1) of the Listing Manual which states that the Exchange will place an Issuer on a watch-llst If It records:

pre-tax losses for the three (3) most recently completed consecutive financialyears (based on auditedfullyear consolidated accounts); and an average dally market capltallsatlon ofless than S$40 mllllon over thelast 6 months.

Investors shouldalso note that pursuant to Practice Note 13.2 Paragraph2.1,the Exchange conducts quarterly reviews to

identify issuers to be included onthe watch-list. The quarterly review will take place on the first market day of March,June, September and December of each year.The Company will make animmediate announcement should it be notified bythe Exchange that It wlll be placed onthe watch-llst.