We refer to the article published on Nov 3, 2015 "Hibiscus unaware of reason behind UMA",  which stated that Affin Hwang had forced sold Hibiscus shares owned by its clients because of margin calls. We have now established that while there were some forced selling of Hibiscus shares due to margin calls on Nov 3, they were not done by Affin Hwang.

We would like to apologise to Affin Hwang for the error.