REQUEST FOR RESUMPTION OF TRADING FROM SUSPENSION : MANDATORY
| Announcement Title | Request for Resumption of Trading from Suspension |
| Date & Time of Broadcast | 05-Sep-2022 17:41:22 |
| Status | New |
| Announcement Reference | Request for Resumption of Trading from Suspension : Mandatory |
| Submitted By (Co./ Ind. Name) | Gwee Chee Kiang |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below – Refer to the Online help for the format) | Please refer to the attachment. |
Narrative
| Narrative Type | Narrative Text |
| Additional Text | The Company is pleased to announce that it has requested for the lifting of suspension and resumption of trading of the ordinary shares of the Company with effect from Tuesday, 6 Sep 2022 at 9:00 am. |
| Additional Text | Please refer to the Company’s announcements in relation to the Company’s application for resumption of trading in the Company’s securities in accordance to Rule 1304 of the Listing Manual dated 9 Jan 2022, 31 Aug 2022, 2 Sep 2022 and the announcement pertaining to the Response to SGX-RegCo Queries dated 31 Aug 2022 for further information. |
| Additional Text | 1,660,000,000 new ordinary shares allotted as part of the Company’s share placement exercise would also commence trading on the same day. Please refer to the Company’s announcements dated 1 Aug 2022, 3 Aug 2022, 19 Aug 2022, 1 Sep 2022 and 2 Sep 2022 for further information. |
| Additional Text | As announced previously, up to 1,660,000,000 detachable, transferable and non-listed Warrants at the Warrant Issue Price of S$0.001 per Warrant would be issued on the basis of one (1) Warrant for each Placement Share. |
| Additional Text | Each Warrant shall carry the right to subscribe for one (1) Warrant Share at the Warrant Exercise Price of S$0.009 for each Warrant Share, amounting to an aggregate issue and exercise price of up to $16,600,000. |
| Additional Text | The Company will make further announcements to update its shareholders when there are material updates as may be necessary or appropriate. |
Event Dates
| Effective Date and Time of the Event | 06/09/2022 09:00 |