Rights::Voluntary

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Security
DARCO WATER TECHNOLOGIES LTD - SG1M47904586 - 5CB

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
11-Nov-2014 20:33:31
Status
New
Corporate Action Reference
SG141111RHDIDQ7U
Submitted By (Co./ Ind. Name)
Thye Kim Meng
Designation
Managing Director and Chief Executive Officer
Underwritten
No
Shareholder's Approval Required?
Yes
Shareholder's Approval Obtained
No
Darco - Rights Issue.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 387,358,736 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY - RECEIPT OF APPROVAL IN-PRINCIPLE

PLEASE REFER TO THE ATTACHED.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
5
Rights Security Distribution Ratio- Rights Security
7

Option Exercise

Issue Price (Per Rights)
SGD 0.021
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1M47904586DARCO WATER TECHNOLOGIES LTDOrdinary Share75

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements