REPL::Placements::PLACEMENT OF 34,700,000 NEW ORDINARY SHARES IN THE CAPITAL OF TRANSIT-MIXED CONCRETE LTD

Issuer & Securities

Issuer/ Manager
TRANSIT-MIXED CONCRETE LTD
Securities
TRANSIT-MIXED CONCRETE LTD - SG1F41856716 - 570
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
08-Jun-2021 16:03:14
Status
Replacement
Announcement Sub Title
PLACEMENT OF 34,700,000 NEW ORDINARY SHARES IN THE CAPITAL OF TRANSIT-MIXED CONCRETE LTD
Announcement Reference
SG210525OTHR0ODC
Submitted By (Co./ Ind. Name)
Chen Lee Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

The Directors wish to announce that the Company will no longer be relying on the General Mandate and will instead be seeking specific approval from shareholders of the Company ("Shareholders") for the allotment and issuance of the Placement Shares at the Placement Price at an extraordinary general meeting of the Company to be convened.

The Board wishes to inform the Shareholders that due to an oversight, the Circular and Notice of EGM that were submitted to SGX-ST in connection with the Application were erroneously made available to Shareholders on 7 June 2021 by electronic means before SGX-ST has formally advised the Company of its non-objection to the issuance of the Circular and Notice of EGM. Accordingly, Shareholders should disregard the Circular. Please refer to the attachment sesplacement21C.

Additional Details

Capital Amount-Old
SGD 11,190,764
Capital Amount-New
SGD 4,858,000
No. of Existing Outstanding Shares
69,590,800
New Shares Issued
34,700,000
Offer Price
SGD 0.14

Attachments

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