Placements::Placement of 10,000,000 Shares at S$1.42 each-Receipt of AIP from SGX-ST and Completion of Placement

Issuer & Securities

Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
26-Jan-2021 19:46:08
Status
New
Announcement Sub Title
Placement of 10,000,000 Shares at S$1.42 each-Receipt of AIP from SGX-ST and Completion of Placement
Announcement Reference
SG210126OTHRMNTM
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachments.

The calculation of the "Capital Amount - New" includes estimated expenses of approximately S$477,600.

Additional Details

Capital Amount-Old
SGD 125,001,102.95
Capital Amount-New
SGD 139,201,102.95
No. of Existing Outstanding Shares
233,335,089
New Shares Issued
10,000,000
Offer Price
SGD 1.42

Attachments

BRC Asia Limited - AIP and Completion Announcement.pdf
BRC Asia Limited - Press release.pdf
Total size =870K