Placements::COMPLETION OF PLACEMENT AND USE OF PLACEMENT PROCEEDS

Issuer & Securities

Issuer/ Manager
MEMSTAR TECHNOLOGY LTD.
Securities
MEMSTAR TECHNOLOGY LTD. - SG1W58939412 - 5MS
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
06-Jan-2015 19:04:14
Status
New
Announcement Sub Title
COMPLETION OF PLACEMENT AND USE OF PLACEMENT PROCEEDS
Announcement Reference
SG150106OTHRZOIB
Submitted By (Co./ Ind. Name)
LEE SENG SUAN
Designation
COMPANY SECRETARY
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 490,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF MEMSTAR TECHNOLOGY LTD - COMPLETION OF PLACEMENT AND USE OF PLACEMENT PROCEEDS (see attached)

Additional Details

Capital Amount-Old
SGD 220,219
Capital Amount-New
SGD 6,884,219
No. of Existing Outstanding Shares
2,667,407,337
New Shares Issued
490,000,000
Offer Price
SGD 0.0136

Attachments

MS-Completion of Placement.pdf
Total size =139K