REPL::Placements::PROPOSED PLACEMENT OF UP TO 5,420,720 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
UNI-ASIA GROUP LIMITED
Securities
UNI-ASIA GROUP LIMITED - SG1DG7000000 - CHJ
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
04-Apr-2019 17:34:49
Status
Replacement
Announcement Sub Title
PROPOSED PLACEMENT OF UP TO 5,420,720 NEW ORDINARY SHARES
Announcement Reference
SG190326OTHRM0Y2
Submitted By (Co./ Ind. Name)
Lim Kai Ching
Designation
Group CFO
Description (Please provide a detailed description of the event in the box below)
Please see attached.

The Board is pleased to announce that 5,420,720 Placement Shares have been allotted and issued on 4 April 2019. Following the completion of the Placement, the total number of issued Shares has increased from 46,979,280 Shares to 52,400,000 Shares. Please see attachment for more information.

The Company has on 2 April 2019 received approval in-principle from the Singapore Exchange Securities Trading Limited for the listing and quotation of the Placement Shares. Please see attachment for further information.

The Company's registered share capital is in United States Dollars ("USD"). The "Capital Amount - New" listed under "Additional Details" below is derived by adding the maximum gross proceeds (represented by the New Shares Issued of 5,420,720 multiplied by Offer Price of SGD1.08 converted to USD at an exchange rate of SGD1.3551/USD) to the amount listed under "Capital Amount - Old".

Additional Details

Capital Amount-Old
USD 109,275,956
Capital Amount-New
USD 113,596,211
No. of Existing Outstanding Shares
46,979,280
New Shares Issued
5,420,720
Offer Price
SGD 1.08

Attachments

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