The Board of Directors (the “Board”) of Fortress Minerals Limited (the “Company” and together with its subsidiaries, the “Group”) wishes to inform shareholders that following amendments to Rule 705 of the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Manual Section B: Rules of Catalist (“Catalist Rules”), which took effect on 7 February 2020, the Company will no longer be required to release its financial statements on a quarterly basis.
Notwithstanding the above, the Board has, after due deliberations, decided to continue the quarterly reporting of its financial statements voluntarily in view of, inter alia, maintaining consistency, transparency and for the benefit of shareholders and potential investors of the Company.
The Board wishes to inform shareholders that the amended rules do not materially affect the Company’s current approach of reporting of its unaudited quarterly financial statements to shareholders in a timely manner and in accordance with the relevant requirements of the Catalist Rules.
BY ORDER OF THE BOARD OF
FORTRESS MINERALS LIMITED
Dato’ Sri Ivan Chee Yew Fei
Chief Executive Officer
12 February 2020
Notwithstanding the above, the Board has, after due deliberations, decided to continue the quarterly reporting of its financial statements voluntarily in view of, inter alia, maintaining consistency, transparency and for the benefit of shareholders and potential investors of the Company.
The Board wishes to inform shareholders that the amended rules do not materially affect the Company’s current approach of reporting of its unaudited quarterly financial statements to shareholders in a timely manner and in accordance with the relevant requirements of the Catalist Rules.
BY ORDER OF THE BOARD OF
FORTRESS MINERALS LIMITED
Dato’ Sri Ivan Chee Yew Fei
Chief Executive Officer
12 February 2020
Fortress Minerals Limited (the “Company”) was listed on Catalist of the SGX-ST on 27 March 2019. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”).
This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor in accordance with Rules 226(2)(b) and 753(2) of the Catalist Rules. The Sponsor has also not drawn on any specific technical expertise in its review of this announcement.
This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Jennifer Tan, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail:This email address is being protected from spambots. You need JavaScript enabled to view it. ).
This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor in accordance with Rules 226(2)(b) and 753(2) of the Catalist Rules. The Sponsor has also not drawn on any specific technical expertise in its review of this announcement.
This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Jennifer Tan, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail:
Attachment(s)
1. Quarterly Reporting (589 kb)