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(I) Entry Into S$50,000,000 Subscription Agreement - The Proposed Allotment And Issuance Of Up To 62,500,000 Shares At An Issue Price Of S$0.80 Per Share - Supplemental Agreement And Receipt Of Approval-In-Principle From SGX-ST (II) Proposed Bonus Issue Of Up to 27,119,659 Free Warrants, Each Warrant Carrying The Right To Subscribe For One (1) New Ordinary Share In The Capital Of The Company At An Exercise Price Of S$1.00 For Each New Share And On The Basis Of One (1) Warrant For Every One (1) Existing Ordinary Shares Held By The Shareholders Of The Company As At The Books Closure Date - Receipt Of Approval-In-Principle From SGX-ST
BackNov 10, 2017
Announcement Title Placements
Date & Time of Broadcast Nov 10, 2017 19:24
Status New
Announcement Sub Title Supplemental Agreement and Receipt of Approval-In-Principle from SGX-ST
Announcement Reference SG171110OTHRFF1Q
Submitted By (Co./ Ind. Name) Ngiam Zee Moey
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Please refer to attachment.
Additional Details
Capital Amount-Old SGD 49,007,558
Capital Amount-New SGD 99,007,558
No. of Existing Outstanding Shares 0
New Shares Issued 64,375,000
Offer Price SGD 0.8

Attachments

  1. Attachment 1 (Size: 389,284 bytes)