FABCHEM CHINA LIMITED (Company Registration No: 200413128G) (Incorporated in the Republic of Singapore)
MONTHLY VALUATION OF ASSETS AND USE OF CASH
FOR THE MONTH OF FEBRUARY 2022
Board of directors (“Plank” Where “Directors“) of Fabchem China Limited (“Company“) wishes to announce the following pursuant to Rule 1018(1)(b) of the Singapore Stock Exchange Securities Trading Limited (“SGX-ST“) Rating Manual.
|
(a) |
Of the society the assets and liabilities as of February 28, 2022 were as follows: |
|
S$’000 |
|
|
ASSETS |
|
|
Right-of-use assets |
ten |
|
Other debtors |
145 |
|
other assets |
46 |
|
Cash and bank balances |
451 |
|
Total assets |
652 |
|
LIABILITIES |
|
|
Suppliers and other creditors |
(217) |
|
Rental liability |
(11) |
|
Total responsibilities |
(228) |
|
NET ASSETS |
424 |
|
(b) |
The use of cash by the Company during the month of February 2022 was as follows: |
|
S$’000 |
|
|
Cash and opening bank balances as of February 1, 2022 |
487 |
|
Less: |
|
|
General and administrative expenses (1) |
(36) |
|
Closing cash and bank balances as of February 28, 2022 |
451 |
(1) Includes expenses for salaries and CPF, rental, printing and stationery, overhead and other incidental expenses related to holding general meetings and other expenses related to registration.
All figures presented in this announcement have not been reviewed or audited by the Company’s auditors.
By order of the council
Wee Phu Gam
Acting Chairman and Lead Independent Director March 25, 2022
Warning
Fabchem China Limited published this content on March 25, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on March 25, 2022 09:45:04 UTC.
