REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
FIRST SPONSOR GROUP LIMITED
Security
FIRST SPONSOR GROUP LIMITED - KYG3488W1078 - ADN

Announcement Details

Announcement Title
Outcome of Regulatory Review
Date &Time of Broadcast
03-Apr-2019 18:00:19
Status
Replacement
Corporate Action Reference
SG190325RHDIJE7Q
Submitted By (Co./ Ind. Name)
Neo Teck Pheng
Designation
Group Chief Executive Officer and Executive Director
Event Status
Pending AIP/ LQN Announcement
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2019
Foreign Shareholder Eligibility
No
Attachment for Intent
FSGL_-_Rights_and_Bonus_Issue_-_Launch_Announcement_New_Structure.pdf

Regulatory Outcome

Attachment For Regulatory Outcome
FSGL_-_Rights_Issue_-_Receipt_of_AIP_Announcement.PDF

Event Narrative

Narrative Type
Narrative Text
Additional Text(1) PROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE OF SERIES 2 PERPETUAL CONVERTIBLE CAPITAL SECURITIES WITH FREE DETACHABLE WARRANTS EXERCISABLE INTO SHARES
; AND
(2) PROPOSED BONUS ISSUE OF WARRANTS EXERCISABLE INTO SHARES
Additional TextNOTES:
(1) Please see attached for more information.
(2) "Shareholders' Approval required" refers to the reliance on the General Share Issue Mandate to be obtained at the AGM of the Company to be convened on 24 April 2019. The Company will not be seeking specific approval from Shareholders for the Proposed Exercises.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
7
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 1.3

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements