Update for Unisteel
http://info.sgx.com/webcorannc.nsf/ef3b ... enDocument
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Unisteel Technology Limited (the “Companyâ€) refers to the announcement of 2 May
2008 in which the Company informed shareholders that it had received preliminary
approaches from certain parties in relation to a proposed transaction relating to the
Company.
The Company wishes to inform shareholders that it has entered into advanced stages of
discussions on the possible transaction with one of those parties who had made the
preliminary approaches. A further announcement will be made when appropriate.
The halt in trading of the Company’s shares will also continue until further notice. When
the halt in trading of the Company’s shares is lifted, Shareholders are advised to refrain
from taking any action in respect of their shares in the Company which may be
prejudicial to their interests, and to exercise caution when dealing in the shares of the
Company.
An announcement will be issued by the Company in the event that there are any
material developments.
BY ORDER OF THE BOARD
Bernard Toh Bee Yong
Executive Chairman
Singapore, 5 June 2008
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