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[FENC] Regarding the Commercial Times News “FENC’s 3Q18 revenue takes a leap forward” on 2018/9/3

Post Date 2018.09.03From:FENC

1.Date of occurrence of the event:2018/09/03
2.Company name:Far Eastern New Century Corp.
3.Relationship to the Company (please enter ”head office” or  ”subsidiaries”):The Company
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Commercial Times
6.Content of the report:
After the PET capacity of 360K and 400K tons ramps up in the U.S. and Vietnam in 3Q18, FENC’s 3Q18 revenue growth is estimated up 3-5% by the consensus.
7.Cause of occurrence:
To clarify the information published by local press, Commercial Times, on 2018/9/3
8.Countermeasures: The Company does not provide any financial forecast and 3Q18 revenue is estimated by the media.
9.Any other matters that need to be specified:NIL