Placements::PROPOSED PLACEMENT – UPDATE
| Announcement Title | Placements |
| Date & Time of Broadcast | 22-Nov-2018 21:21:35 |
| Status | New |
| Announcement Sub Title | PROPOSED PLACEMENT – UPDATE |
| Announcement Reference | SG181122OTHR6J8I |
| Submitted By (Co./ Ind. Name) | Chew Kok Liang |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) | (1) PROPOSED ISSUE OF A TOTAL OF 96,800,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE PLACEMENT OF S$0.105 PER SHARE; AND
(2) TERMINATION OF PLACEMENT AGREEMENT WITH JUDAH VALUE ACTIVIST FUND. Please refer to the attachment. |
Additional Details
| Capital Amount-Old | SGD 140,745,647.68 |
| Capital Amount-New | SGD 150,909,647.68 |
| No. of Existing Outstanding Shares | 549,067,840 |
| New Shares Issued | 96,800,000 |
| Offer Price | SGD 10,164,000 |
Attachments
Attachment 1 (Size: 376,207 bytes)