General Announcement::TRADE WITH CAUTION
Issuer & Securities
Issuer/ ManagerACE ACHIEVE INFOCOM LIMITED
SecuritiesACE ACHIEVE INFOCOM LIMITED - BMG007FR1026 - A75
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast07-Dec-2015 16:04:32
StatusNew
Announcement Sub TitleTRADE WITH CAUTION
Announcement ReferenceSG151207OTHRZLOU
Submitted By (Co./ Ind. Name)SINGAPORE EXCHANGE SECURITIES TRADING LIMITED
DesignationSURVEILLANCE
Description (Please provide a detailed description of the event in the box below)Singapore Exchange Securities Trading Limited ("SGX-ST") wishes to draw the market's attention to the recent query SGX-ST issued to Ace Achieve Infocom Limited (the "Issuer") regarding the substantial increase in its traded volume on 7 December 2015. The Issuer has responded on 7 December 2015 that it was not aware of any reasons that could possibly explain the trading in its securities.

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.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.