Placements::ISSUE AND ALLOTMENT OF 118,000,000 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
31-May-2022 17:23:41
Status
New
Announcement Sub Title
ISSUE AND ALLOTMENT OF 118,000,000 NEW ORDINARY SHARES
Announcement Reference
SG220531OTHRTFSH
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
ISSUE AND ALLOTMENT OF 118,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.0127 PER EDIS OPTIONAL SUBSCRIPTION SHARE TO EDIS PURSUANT TO THE PARTIAL EXERCISE OF THE EDIS OPTIONAL SUBSCRIPTION RIGHT

IN RELATION TO ANNOUNCEMENT REFERENCE SG2112050THRV172 AND SG2203280THRMWPQ

Please refer to the attachment for details

Additional Details

Capital Amount-Old
SGD 112,625,787
Capital Amount-New
SGD 114,124,387
No. of Existing Outstanding Shares
2,780,171,975
New Shares Issued
118,000,000
Offer Price
SGD 0.0127

Attachments

AVT-Exercise_of_EDIS_Optional_Subscription_Right_Announcement_310522.pdf
Total size =95K