General Announcement::PROPOSED RIGHTS ISSUE - RECEIPT OF WHITEWASH WAIVER FROM THE SECURITIES INDUSTRY COUNCIL

Issuer & Securities

Issuer/ Manager
ASIATIC GROUP (HOLDINGS) LIMITED
Securities
ASIATIC GROUP (HOLDINGS) LTD - SG1N86910089 - 5CR
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
19-Apr-2023 18:16:42
Status
New
Announcement Sub Title
PROPOSED RIGHTS ISSUE - RECEIPT OF WHITEWASH WAIVER FROM THE SECURITIES INDUSTRY COUNCIL
Announcement Reference
SG230419OTHRPWUO
Submitted By (Co./ Ind. Name)
Yoo Loo Ping
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
THE PROPOSED NON-RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE ("PROPOSED RIGHTS ISSUE") OF UP TO 2,264,142,234 NEW ORDINARY SHARES ("RIGHTS SHARES") OF THE COMPANY AT AN ISSUE PRICE OF S$0.0027 ("ISSUE PRICE") ON THE BASIS OF THIRTEEN (13) RIGHTS SHARES FOR EVERY TEN (10) EXISTING ORDINARY SHARES OF THE COMPANY ("SHARES") HELD AS AT THE RECORD DATE TO BE DETERMINED, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED
- RECEIPT OF WHITEWASH WAIVER FROM THE SECURITIES INDUSTRY COUNCIL

PLEASE SEE ATTACHED.

Attachments