Announcement Title General Announcement
Announcement Subtitle TRADE WITH CAUTION
Securities MERCATOR LINES (SINGAPORE) LTD (MERCATOR)
Date & Time of Broadcast Aug 17, 2015 8:48
Submitted By SINGAPORE EXCHANGE SERCURITIES TRADING LIMITED
SURVEILLANCE
Description Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market's attention to the recent query SGX-ST issued to Mercator Lines (Singapore) Limited (the "Issuer") regarding the substantial increase in its traded volume between 13 and 14 August 2015. The Issuer has responded on 14 August 2015 that it was not aware of any reasons that could possibly explain the trading in its securities, except as previously announced in its announcement on 3 June 2015, the Board and Management are working closely with an Independent Financial Advisor, legal advisors and creditors to establish a refinancing, recapitalisation and restructuring plan (the "Restructuring Plan") and negotiations are currently ongoing with creditors and potential investors in relation to the Restructuring Plan.

In view of the trading activities observed and the Issuer's response, shareholders and potential investors should exercise caution when dealing in the securities.

The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market.
distributed by