POSSIBLE TRANSACTION INVOLVING THE SHARES OF THE COMPANY
The Board of Directors (“Board”) of Chew’s Group Limited (“Company”) would like to inform shareholders of the Company (“Shareholders”) that the controlling shareholder of the Company has informed the Company that it has been approached and is currently in discussions with third party(ies) to explore a possible transaction involving the shares of the Company, which may or may not lead to an offer being made for the shares of the Company by the third party(ies) (“Offer”).
To-date, no definitive agreements have been entered into between the parties and Shareholders should note that there is no certainty that any transaction may be consummated in connection with the approach and/or an Offer being made. Further announcements will be made by the Company as and when there are any material developments on the aforementioned.
Meanwhile, Shareholders are advised to exercise caution when dealing in the shares of the Company and to refrain from taking any action in respect of their shares in the Company which may be prejudicial to their interests. Shareholders who are in doubt as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisers.
BY ORDER OF THE BOARD
Chew Eng Hoe
Managing Director
25 July 2017