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Proposed Placement Of Up To 5,420,720 New Ordinary Shares - Receipt Of Approval In-Principle
BackApr 03, 2019
| Announcement Title | Placements |
| Date & Time of Broadcast | Apr 3, 2019 8:20 |
| Status | Replace |
| Announcement Sub Title | PROPOSED PLACEMENT OF UP TO 5,420,720 NEW ORDINARY SHARES |
| Announcement Reference | SG190326OTHRM0Y2 |
| Submitted By (Co./ Ind. Name) | Lim Kai Ching |
| Designation | Group CFO |
| Description (Please provide a detailed description of the event in the box below) | Please see attached. The Company's registered share capital is in United States Dollars ("USD"). The "Capital Amount - New" listed under "Additional Details" below is derived by adding the maximum gross proceeds (represented by the New Shares Issued of 5,420,720 multiplied by Offer Price of SGD1.08 converted to USD at an exchange rate of SGD1.35/USD) to the amount listed under "Capital Amount - Old". The Company has on 2 April 2019 received approval in-principle from the Singapore Exchange Securities Trading Limited for the listing and quotation of the Placement Shares. Please see attachment for further information. |
| Additional Details | |
| Capital Amount-Old | USD 109,275,956 |
| Capital Amount-New | USD 113,612,532 |
| No. of Existing Outstanding Shares | 46,979,280 |
| New Shares Issued | 5,420,720 |
| Offer Price | SGD 1.08 |
Attachments
- Share Placement (Size: 62,778 bytes)
- Receipt Of AIP (Size: 49,015 bytes)