Placements::APPROVAL IN PRINCIPAL FOR THE PROPOSED CAPITAL REORGANISATION AND PROPOSED PLACEMENT

Issuer & Securities

Issuer/ Manager
LOTTVISION LIMITED
Securities
LOTTVISION LIMITED - BMG5655Q1024 - M22
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
12-May-2015 20:42:27
Status
New
Announcement Sub Title
APPROVAL IN PRINCIPAL FOR THE PROPOSED CAPITAL REORGANISATION AND PROPOSED PLACEMENT
Announcement Reference
SG150512OTHRLZEA
Submitted By (Co./ Ind. Name)
Paul Gao Xiangnong
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
PLEASE REFER TO THE ANNOUNCEMENT ON APPROVAL IN PRINCIPAL IN RESPECT OF THE PROPOSED CAPITAL REORGANISATION AND PROPOSED PLACEMENT OF 20,000,000 NEW ORDINARY SHARES ATTACHED IN SHARE CONSOLIDATION ANNOUNCEMENT RELEASED EARLIER TODAY.

Additional Details

Capital Amount-Old
HKD 4,428,140.2
Capital Amount-New
HKD 6,402,000
No. of Existing Outstanding Shares
44,281,402
New Shares Issued
20,000,000
Offer Price
SGD 6,400,000