Placements::PROPOSED PLACEMENT – UPDATE
|Date & Time of Broadcast||22-Nov-2018 21:21:35|
|Announcement Sub Title||PROPOSED PLACEMENT – UPDATE|
|Submitted By (Co./ Ind. Name)||Chew Kok Liang|
|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.
|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|
Attachment 1 (Size: 376,207 bytes)