Boldtek Holdings Limited (In Compulsory Liquidation): Monthly Investor Update

Key Points Investors Need to Know

• Boldtek Holdings Limited is currently in compulsory liquidation.
• The company is incorporated in Singapore (Company Registration No. 201224643D).
• This update is released pursuant to Catalist Rule 704(22), which requires monthly updates for companies under liquidation.
• There have been no material developments regarding the company’s affairs since the last announcement.
• The company will continue to make periodic announcements as required, especially if material developments occur.
• Trading in Boldtek’s shares has been halted since 12 January 2023, and shares have been officially suspended since 16 January 2023.
• The reasons for suspension were previously disclosed in Boldtek’s announcement dated 14 January 2023.
• Investors and shareholders are strongly advised to read this and all future announcements carefully before making any decisions regarding their shares.
• If shareholders or investors are unsure about their actions, they should consult their stockbrokers, bank managers, solicitors, or other professional advisors.
• The announcement has been reviewed by the company’s sponsor, RHT Capital Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited. The Exchange assumes no responsibility for the content.
• Contact for further queries: Mr. Joseph Au, RHT Capital Pte. Ltd., 36 Robinson Road, #10-06 City House, Singapore 068877, Email: [email protected].

Important Information for Shareholders

Shareholders should note that:

• There have been no new or material developments in the company’s affairs, which means there is currently no new information that could impact share price or shareholder value.
• The shares remain suspended; as such, trading activity is not possible at this time.
• Any future material developments will be announced promptly in accordance with SGX Catalist Listing Rules.
• While there is no price-sensitive information in this update, the status of liquidation and suspension of trading are critical points that affect shareholder value.

Potential Impact on Share Price

As of this update, there is no newsworthy development or price-sensitive information. The ongoing compulsory liquidation and continued suspension of trading indicate that share value is unlikely to change in the immediate term. Investors should remain alert for future announcements that may contain material information.

Conclusion

Boldtek Holdings Limited remains in compulsory liquidation with no new developments reported. Trading in shares is still suspended, and shareholders are advised to monitor announcements closely and seek professional advice if uncertain about their position. The lack of new information means there is currently no catalyst for share price movement.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Investors and shareholders should consult with qualified professional advisors before making any investment or trading decisions. The Singapore Exchange Securities Trading Limited assumes no responsibility for the content or accuracy of this information.

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