14-01-2021, 08:52 AM
TT International
Response to SGX Queries:
The Company had stated in Paragraph 12 of Appendix 7.2 that “no dividend has been declared or recommended for the period ended 30 September 2020”.
The Company had been placed under the Scheme of Arrangement on 13 October 2010. Being a Company under Scheme for the last 10 years struggling with severe working capital constraints and very limited resources, the Company is not in a position to declare or recommend dividend for the period ended 30 September 2020.
I think this time round, SGX really rub salt into the wounds.
Stay home and stay healthy, everyone.
Response to SGX Queries:
The Company had stated in Paragraph 12 of Appendix 7.2 that “no dividend has been declared or recommended for the period ended 30 September 2020”.
The Company had been placed under the Scheme of Arrangement on 13 October 2010. Being a Company under Scheme for the last 10 years struggling with severe working capital constraints and very limited resources, the Company is not in a position to declare or recommend dividend for the period ended 30 September 2020.
I think this time round, SGX really rub salt into the wounds.
Stay home and stay healthy, everyone.