Placements::PLACEMENT OF 102,540,000 NEW ORDINARY SHARES AND UPDATE ON USE OF PROCEEDS FROM 2014 PLACEMENT

Issuer & Securities

Issuer/ Manager
GSS ENERGY LIMITED
Securities
GSS ENERGY LIMITED - SG1AG6000007 - 41F
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
21-Dec-2015 18:39:25
Status
New
Announcement Sub Title
PLACEMENT OF 102,540,000 NEW ORDINARY SHARES AND UPDATE ON USE OF PROCEEDS FROM 2014 PLACEMENT
Announcement Reference
SG151221OTHRXW7V
Submitted By (Co./ Ind. Name)
NS SAY TIONG
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
(I) USE OF PROCEEDS FROM THE PLACEMENT OF 80,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GIKEN SAKATA (S) LIMITED

(II) PROPOSED PLACEMENT OF UP TO 102,540,000 NEW ORDINARY SHARES IN THE CAPITAL OF GSS ENERGY LIMITED



PLEASE SEE ATTACHMENT.



Additional Details

Capital Amount-Old
SGD 73,458,011.92851
Capital Amount-New
SGD 81,558,671.92851
No. of Existing Outstanding Shares
0
New Shares Issued
102,540,000
Offer Price
SGD 0.079

Attachments

SGX-GSSEL-Placement_Announcement_20151221.pdf
Total size =292K