OXLEY HOLDINGS LIMITED OXLEY HOLDINGS LIMITED
(Incorporated in the Republic of Singapore under Registration No. 201005612G)
UPDATE ON SUBSIDIARIES UNDER VOLUNTARY ADMINISTRATION IN AUSTRALIA
The Board of Directors of Oxley Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers to the announcements on 18 May 2021, 16 June 2021, 16 July 2021 and 29 July 2021 relating to the appointment of voluntary administrators by the Group's wholly-owned subsidiary in Australia, Pindan Group Pty Ltd, and certain of its wholly-owned subsidiaries (collectively, the "Pindan Companies").
Pending the convening of the second meeting of creditors of the Pindan Companies, other than Pindan Asset Management Pty Ltd, by 16 September 2021, there has been no material development in the progress of the voluntary administration since the last announcement on 29 July 2021.
The Company will provide further updates to shareholders if there are any material developments in the administration of the Pindan Companies.
In the meantime, shareholders of the Company are advised to exercise caution when dealing in the Company's shares and to refrain from taking any action in respect of their shares which may be prejudicial to their interests. If in doubt, shareholders and investors are advised to consult their financial, tax or other advisers.
By order of the Board
Ching Chiat Kwong
Executive Chairman and CEO
16 August 2021
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Oxley Holdings Limited published this content on 16 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 12:12:15 UTC.
