TREK 2000 INTERNATIONAL LTD TREK 2000 INTERNATIONAL LTD (Registration Number 199905744N)
ANNOUNCEMENT PURSUANT TO RULE 704(18) OF THE LISTING MANUAL OF
THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
The Board of Directors ("Board") of Trek 2000 International Ltd ("Company", and together with its subsidiaries, "Group") hereby discloses that in accordance with Rule 704(18), the Group has sold quoted securities at cost of approximately US$ 2,021,493 for the period 1 July 2021 to 31 August 2021. This is equivalent to 5.03% of the latest audited consolidated net tangible assets of the Group.
Information in respect of such acquisitions and sales are as follows:
Prior to Acquisition/ | After the Acquisition/ | ||
Disposal | Disposal | ||
(30 June 2021) | (31 August 2021) | ||
(i) | Aggregate cost of the Group's quoted | 28,891 | 26,870 |
investments (US$'000) | |||
(ii) | Aggregate cost of the Group's quoted | ||
investments as a percentage of the | 71.8% | 66.8% | |
latest audited consolidated net | |||
tangible assets of the Group as at 31 | |||
December 2020 (%) | |||
(iii) | Total market value of the Group's | 30,479 | 27,785 |
quoted investments (US$'000) | |||
(iv) | Amount of any provision for | Nil | Nil |
diminution in value of investments | |||
(US$'000) | |||
∗ Audited consolidated net tangible | 40,213 | 40,213 | |
assets of the Group as at 31 | |||
December 2020 (US$'000) | |||
BY ORDER OF THE BOARD
Tan Joon Yong Wayne
Deputy Chairman and Executive Director
15 September 2021
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Trek 2000 International Ltd. published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 09:31:04 UTC.
