News

Proposed Issue Of Convertible Bonds Due 2021 For An Aggregate Principal Amount Of Up To S$750,000 (The "Proposed Bonds Subscription") And Proposed Placement Of 59,929,710 New Ordinary Shares In The Capital Of The Company At The Issue Price Of S$0.0036 Per Share (The "Proposed Placement")

BackSep 06, 2017
Announcement Title Placements
Announcement Subtitle PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 59,929,710 NEW ORDINARY SHARES
Securities MMP RESOURCES LIMITED (MMPRES)
Date & Time of Broadcast Sep 6, 2017 18:15
Submitted By Chong Chee Meng Gerard
Lead Independent Director
Description PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 FOR AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$750,000 (THE "PROPOSED BONDS SUBSCRIPTION") AND PROPOSED PLACEMENT OF 59,929,710 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.0036 PER SHARE (THE "PROPOSED PLACEMENT")

Please refer to the file attached.

Capital Amount - Old SGD 137,724,537.05
Capital Amount - New SGD 137,940,284.01
Number of Existing Outstanding Shares 2,343,527,950
New Shares Issued 59,929,710
Offer Price SGD 0.0036

Attachments

  1. Attachment 1 (Size: 327,273 bytes)