Aussino

Aussino: Reported FY13 net loss of $8.1m on the back of a 27% fall of revenue to $34m. On 23 Aug, Aussino submitted its application to SGX for a time extension for the company to be removed from the Watch-List (entered watch-list on 6 Sep 2011). Aussino is approaching the end of 24 months since 6 Sep 2011 when it was placed on the watch-list. Upon a non-approval by SGX on its time extension, SGX may suspend trading of Aussino, with a view of removing the counter from the official list.