Placements::PLACEMENT AGREEMENT ON PROPOSED SUBSCRIPTION OF SHARES & PROPOSED ISSUE OF DETACHABLE FREE WARRANTS

Issuer & Securities

Issuer/ Manager
XPRESS HOLDINGS LTD
Securities
XPRESS HOLDINGS LTD - SG1G74871706 - I04
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
06-Jan-2015 20:12:44
Status
New
Announcement Sub Title
PLACEMENT AGREEMENT ON PROPOSED SUBSCRIPTION OF SHARES & PROPOSED ISSUE OF DETACHABLE FREE WARRANTS
Announcement Reference
SG150106OTHRX79F
Submitted By (Co./ Ind. Name)
FONG KAH KUEN
Designation
NON-EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
PLACEMENT AGREEMENT RELATING TO THE PROPOSED SUBSCRIPTION OF SHARES IN THE CAPITAL OF XPRESS HOLDINGS LTD AND PROPOSED ISSUE OF DETACHABLE FREE WARRANTS

- PLEASE REFER TO THE ATTACHMENTS.

Additional Details

Capital Amount-Old
SGD 119,824,878.53
Capital Amount-New
SGD 127,524,878.53
No. of Existing Outstanding Shares
2,447,927,123
New Shares Issued
1,100,000,000
Offer Price
SGD 0.007

Attachments

Xpress - Placement Agreement.pdf
Xpress - Press Release - Placement Agreement.pdf
Total size =59K