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Proposed Issuance And Allotment Of Up To 207,072,685 New Ordinary Shares In The Issued Share Capital Of The Company To The Subscribers - Allotment And Issuance Of The Subscription Shares And Completion Of The Proposed Subscription

BackAug 28, 2024
Announcement Title Placements
Date & Time of Broadcast Aug 28, 2024 21:00
Status Replace
Announcement Sub Title PROPOSED ISSUANCE & ALLOTMENT OF 207,072,685 ORDINARY SHARES - COMPLETION
Announcement Reference SG240821OTHR5OBB
Submitted By (Co./ Ind. Name) Cheong Weixiong
Designation Executive Director and Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Please refer to the attached.

This announcement has been prepared by the Company, and its contents have been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This announcement has not been examined or approved by the SGX-ST, and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Jerry Chua - Registered Professional, who can be contacted at 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906, telephone: +65 6241 6626.
Additional Details
Capital Amount-Old SGD 28,077,217.91
Capital Amount-New SGD 30,769,162.815
No. of Existing Outstanding Shares 222,050,685
New Shares Issued 207,072,685
Offer Price SGD 0.013

Attachments

  1. Receipt Of LQN (Size: 165,265 bytes)
  2. Completion Of Subscription (Size: 177,031 bytes)