YAMADA GREEN RESOURCES LIMITED (Company Registration No. 201002962E) (Incorporated in the Republic of Singapore)
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INTRODUCTION
The Board of Directors ('Board') of Yamada Green Resources Limited ('Company') refers to the Company's announcements dated 18 September 2015, 1 October 2015, 14 October 2015, 29 October 2015 and 30 October 2015, and the circular to shareholders of the Company dated 14 October 2015 ('Circular') in relation to the proposed share consolidation of every five (5) existing issued ordinary shares of the Company as at a books closure date to be determined, into one (1) ordinary share in the capital of the Company ('Consolidated Share'), fractional entitlements to be disregarded ('Proposed Share Consolidation').
Unless otherwise defined, capitalised terms used in this announcement shall bear the meanings ascribed to them in the Circular.
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EFFECTIVE TRADING DATE
The Company would like to remind Shareholders that for trading purposes:
trading in the Existing Shares (Stock Code: MC7) will cease at 5.00 p.m. on 17 November 2015; and
trading in the Consolidated Shares (New Stock Code: BJV) will commence from 9.00 a.m. on 18 November 2015.
The Consolidated Shares will be traded on the basis of every five (5) Existing Shares consolidated into one (1) Consolidated Share. Please refer to paragraphs 2.5 and 2.6 of the Circular for further details.
Shareholders should note that while the Shares will be traded on a consolidated basis with effect from 9.00 a.m. on 18 November 2015, the Existing Shares will not be consolidated until 9.00 a.m. on 23 November 2015. For illustrative purposes only, if a Shareholder holds 500 Existing Shares on 17 November 2015, he may, with effect from 18 November 2015, only sell a maximum of 100 Consolidated Shares. If he attempts to sell 500 Shares on 18 November 2015, he would be shortselling as he would not be able to deliver the additional 400 shares on the date of settlement of such trade, being 23 November 2015, being the Proposed Share Consolidation Effective Date.
- CAUTION IN TRADING
Shareholders and potential investors should exercise caution when trading in the Shares of the Company, and where in doubt, as to the action they should take, they should consult their financial, tax or other professional adviser immediately.
BY ORDER OF THE BOARD
Chen Qiuhai
Executive Chairman and Chief Executive Officer 16 November 2015
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