Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ASIAMEDIC LIMITED
Security
ASIAMEDIC LIMITED - SG0505000059 - 505

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
11-Oct-2019 17:25:48
Status
New
Corporate Action Reference
SG191011RHDIB5L4
Submitted By (Co./ Ind. Name)
Stanley Woo
Designation
Group Financial Controller
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2018
Foreign Shareholder Eligibility
No
Attachment for Intent
AML_Rights_Issue_SIC_Approval_20191011.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 1,561,952,500 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY

- UPDATE ON RECEIPT OF WHITEWASH WAIVER FROM THE SECURITIES INDUSTRY COUNCIL AND APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Dates

Rights Details

Rights Security ISIN
SG0505000059
Rights Security Name
ASIAMEDIC LIMITED
Security Not Found?
Yes
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
4

Option Exercise

Issue Price (Per Rights)
SGD 0.012
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG0505000059ASIAMEDIC LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

AML_Rights_Issue_SIC_Approval_20191011.pdf
Total size =31K