Placements::PLACEMENT OF 2,340,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
20-Nov-2021 20:52:27
Status
New
Announcement Sub Title
PLACEMENT OF 2,340,000,000 NEW ORDINARY SHARES
Announcement Reference
SG211120OTHRXAT9
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
PLACEMENT OF 2,340,000,000 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0127 PER SHARE TO PT. TRON ASIA PASIFIK

Please refer to the attached for details.

Additional Details

Capital Amount-Old
SGD 105,873,960
Capital Amount-New
SGD 135,591,960
No. of Existing Outstanding Shares
2,248,811,975
New Shares Issued
2,340,000,000
Offer Price
SGD 0.0127

Attachments

AVT-Placement_announcement_201121.pdf
Total size =179K