RESPONSE TO SGX-ST QUERY REGARDING TRADING ACTIVITY
31 July 2008
The Board of Directors (the “Boardâ€) of Singapore Computer Systems Limited (the “Companyâ€) refers to the queries dated 30 July 2008 regarding trading activity raised by the Singapore Exchange Securities Trading Limited (the “SGX-STâ€) and to the Company’s earlier announcement (the “Announcementâ€) relating to Green Dot Capital Pte Ltd (“GDCâ€) evaluating its options with regards to GDC’s stake in the Company.
The Board would like to respond to the queries raised by the SGX-ST as follows :-
Question 1: Are you aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading? - If yes, the information must be announced immediately.
Company’s Response : Save as disclosed in the Announcement, the Board is not aware of any information not previously announced concerning the Company, our subsidiaries or associated companies which, if known, might explain the trading.
Question 2: Are you aware of any other possible explanation for the trading?
Company’s Response : Save as disclosed in the Announcement, the Board is not aware of any other possible explanation for the trading.
Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703? Please respond immediately via SGXNET. Where appropriate, you may want to request a trading halt or a suspension of trading. Please contact Market Control (or, if you need to discuss the matter, your Account Manager in Issuer Regulation) immediately. Thank you for your cooperation.
Company’s Response : The Company confirms its compliance with the listing rules, including listing rule 703.
By order of the Board