FURTHER UPDATES Sample Clauses

FURTHER UPDATES. The Company will update the Shareholders if there are any material developments and will make the necessary announcements on SGXNet in compliance with the Catalist Rules of the SGX-ST.

FURTHER UPDATES. The Company will make further announcements as and when there are material updates on this matter.

FURTHER UPDATES. Shareholders and potential investors of the Company are hereby reminded to exercise caution when dealing in the securities of the Company. In particular, shareholders and potential investors of the Company are reminded that there is no assurance that any business activities or transactions mentioned in this announcement will materialise. Persons who are in doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisors.

FURTHER UPDATES. 3.1 The Drawdown Request was submitted for the purpose of paying the US$21.0 million due to ▇▇▇▇ ▇▇▇▇▇▇▇▇ pursuant to the Deed of Compensation, by 10 February 2025 (“Amount due to ▇▇▇▇ ▇▇▇▇▇▇▇▇”). 3.2 The management of the Company is actively engaging with ▇▇▇▇ ▇▇▇▇▇▇▇▇ to discuss on the Amount due to ▇▇▇▇ ▇▇▇▇▇▇▇▇ and to resolve the matter promptly and amicably, prioritising minimal disruption to the Group’s business operations. For the avoidance of doubt, as at the date of this announcement, the Company has not received any calls for payment by ▇▇▇▇ ▇▇▇▇▇▇▇▇, in writing or verbal. 3.3 In light of the aforementioned developments, the Board is in the midst of assessing the Company’s and the Group’s ability to continue operating as a going concern. The Company will provide timely updates to shareholders of the Company as and when there are material developments on the Company’s discussion with ▇▇▇▇ ▇▇▇▇▇▇▇▇ on the Amount due to ▇▇▇▇ ▇▇▇▇▇▇▇▇. 3.4 In addition, barring unforeseen circumstances, the management of the Company is working towards (i) improving the power outage situation at the Group’s Processing Facility, which had been caused by heavy rainfall arising from the La Nina phenomenon; and (ii) the resumption of operations at the Group’s Processing Facility. However, the management of the Company is not able to provide any indicative timeline towards the resumption of operations due to the ongoing circumstances that are not within the control of the Group.

FURTHER UPDATES. The Manager will provide unitholders with further updates on the matters relating to the Compulsory Expropriation as and when there are material developments. For and on behalf of the Board Goh Toh Sim Executive Director and Chief Executive Officer (Company registration number: 201523015N) As manager of EC World Real Estate Investment Trust Date: 9 March 2022

FURTHER UPDATES. The Company looks forward to providing shareholders with further updates regarding the Proposed Licence Area following the conclusion of its due diligence.

FURTHER UPDATES. The Client agrees to (i) ensure that the Personal Data and information submitted to the Company are accurate; (ii) provide to the Company the Personal Data and information as the Company may reasonably request from time to time; (iii) disclose to the Company any material change in the Personal Data and information; (iv) provide the Company with such other information concerning the Client as the Company may reasonably request from time to time; (v) promptly notify the Company in the event that any of the representations or warranties given by the Client to the Company under the Agreement should cease to be true, complete, up-to- date or accurate in any respect; and (vi) promptly notify the Company of the occurrence of any Event of Default upon learning of its occurrence. The Client may request access to, and correction of, the Personal Data, to the extent allowed by the Applicable Regulations.

FURTHER UPDATES. The Company will make the relevant update announcements in compliance with the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Manual Section B: Rules of Catalist (“Catalist Rules”) to inform Shareholders of any updates or developments in due course, if any, including the entering into of the Definitive Agreement(s).

FURTHER UPDATES. The Company will make such further appropriate announcements to keep the Shareholders updated on any material developments on the aforementioned.