Query Description (Please provide a
detailed description of the Query in the box
below)
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21 March 2016
CDW Holding Limited
Dear Sir
QUERY REGARDING TRADING ACTIVITY
We have noted, and draw to your attention, unusual price and volume
movements in your shares recently. To maintain a fair, orderly and
transparent market, please answer each of the following:
Question 1: Are you (the issuer) aware of any information not previously
announced concerning you, your subsidiaries or associated companies
which, if known, might explain the trading? Such information may include
events that are potentially material and price-sensitive, such as
discussions and negotiations that may lead to joint ventures, mergers,
acquisitions or purchase or sale of a significant asset. You may refer to
paragraph 8 in Appendix 7.1 of the Mainboard Rules for further examples.
- If yes, the information shall be announced immediately.
Question 2: Are you aware of any other possible explanation for the
trading? Such information may include public circulation of information by
rumours or reports.
Question 3: Can you confirm your compliance with the listing rules and, in
particular, Mainboard Rule 703?
The Board of Directors shall collectively and individually take
responsibility for the accuracy of the reply to the query. Please also refer
to Practice Note 7.1 of the Mainboard Rules for guidelines to deal with
particular situations and issues. This may include the issuance of a
holding announcement, if necessary.
Please respond immediately via SGXNet. Where appropriate, you may
want to request a trading halt or a suspension of trading. Please contact
Securities Market Control (or, if you need to discuss the matter, your
Account Manager in Listing Compliance) immediately. Thank you for your
cooperation.
We have released this letter via SGXNet.
Yours faithfully
Kelvin Koh
Vice President
Head of Surveillance
Notes:
1. An issuer must announce any information known to the issuer
concerning it or any of its subsidiaries or associated companies which is
necessary to avoid the establishment of a false market in the issuer's
securities, or would be likely to materially affect the price or value of its
securities (Rule 703).
2. An issuer must undertake a review to determine the causes of any
unusual trading activity (paragraph 20 of Appendix 7.1).
3. An announcement should, among other things, state whether the issuer
or any of its directors are aware of the reasons for the unusual trading
activity and whether there is any material information which has not been
publicly disclosed (paragraph 31 of Appendix 7.1).
4. Your responsibility under listing rules is not confined to, or necessarily
satisfied by, answering the questions in this letter.
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