China Milk Products Group Limited (In Provisional
Liquidation) ("Company")
(Incorporated in Cayman Islands)
Deadline for Submission of the Resumption Proposal pursuant
to Rule 1304 of the
Listing Manual
The Joint Provisional Liquidators of the Company
("Provisional Liquidators") refer to the Company's
announcement dated 31 August 2011 ("Announcement") in
relation to their appointment to the Company pursuant to an
Order made by the Grand Court of the Cayman Islands on 22
July 2011.
The Provisional Liquidators announce that the Singapore
Exchange Limited ("SGX") has drawn the Company's attention to
the Rule 1304 of the Listing Manual of the SGX which states
that if an issuer is suspended due to its inability to
continue as a going concern or its inability to demonstrate
to the SGX and its shareholders that it is able to continue
as a going concern, it must submit a proposal to the SGX with
a view to resuming trading in its securities ("Resumption
Proposal") within 12 months of the date of suspension.
The Company's trading of its securities was suspended on 12
February 2010. The SGX is now giving the Company a final
opportunity to submit the Resumption Proposal on or
before
9 July 2012. Failing which, the SGX reserves the right to
remove the Company from the
Official List.
The Provisional Liquidators are not in a position to advise
whether the Company will be able to submit the Resumption
Proposal on or before 9 July 2012 at this stage.
Appropriate announcements will be made as and when there are
further developments.
Cosimo Borrelli
Joint Provisional Liquidator
13 June 2012
J253/850190
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