News

Proposed Issue Of Convertible Bonds Due 2021 For An Aggregate Principal Amount Of Up To S$150,000 (The "Proposed Bonds Subscription") And Proposed Placement Of 11,985,942 New Ordinary Shares In The Capital Of The Company At The Issue Price Of S$0.0027 Per Share (The "Proposed Placement")

BackMar 08, 2018
Announcement Title Placements
Date & Time of Broadcast Mar 8, 2018 18:48
Status New
Announcement Sub Title PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 11,985,942 NEW ORDINARY SHARES
Announcement Reference SG180308OTHR1LZ2
Submitted By (Co./ Ind. Name) Chong Chee Meng Gerard
Designation Lead Independent Director
Description (Please provide a detailed description of the event in the box below) PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 FOR AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$150,000 (THE "PROPOSED BONDS SUBSCRIPTION") AND PROPOSED PLACEMENT OF 11,985,942 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.0027 PER SHARE (THE "PROPOSED PLACEMENT")

Please refer to the file attached.
Additional Details
Capital Amount-Old SGD 137,724,537.05
Capital Amount-New SGD 137,756,899.05
No. of Existing Outstanding Shares 2,343,527,950
New Shares Issued 11,985,942
Offer Price SGD 0.0027

Attachments

  1. Attachment 1 (Size: 198,832 bytes)