WD::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
CACOLA FURNITURE INTL LIMITED
Security
CACOLA FURNITURE INTL LIMITED - KYG1745C1042 - D2U

Announcement Details

Announcement Title
Rights Announcement Withdrawn
Date &Time of Broadcast
03-May-2016 20:56:28
Status
Withdraw
Corporate Action Reference
SG160502RHDIP5L8
Submitted By (Co./ Ind. Name)
Zhou Min Zong
Designation
Chief Executive Officer
Event Status
Rejected
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2016
Foreign Shareholder Eligibility
No
Attachment for Intent
Cacola - Ann Rights Cum Bonus Issue 020516.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING ORDINARY SHARE IN THE CAPITAL OF THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS AS OF THE BOOKS CLOSURE DATE, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED AND THE ISSUE OF 3 BONUS SHARES FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.019
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
KYG1745C1042CACOLA FURNITURE INTL LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Reason(s) for Withdrawal

Reason(s) for Withdrawal
On notification from SGX, the Company hereby cancels the Rights with Bonus Issue for compliance purposes. The Company will announce the new Rights Issue shortly and will keep shareholders updated on any developments in this regard and make such further announcements as and when appropriate.

Attachments

Cacola - Ann Rights Cum Bonus Issue 020516.pdf
Total size =253K

Related Announcements

Related Announcements

02/05/2016 23:32:21