Placements::Placement of 31,015,000 Shares at S$1.48 each-Completion of the Proposed Placement

Issuer & Securities

Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
14-Oct-2021 18:53:37
Status
New
Announcement Sub Title
Placement of 31,015,000 Shares at S$1.48 each-Completion of the Proposed Placement
Announcement Reference
SG211014OTHRG6DO
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see the attachment.

The calculation of the "Capital Amount - New" includes estimated expenses of approximately S$150,000.

The calculation of the "Capital Amount-Old" and "Capital Amount-New" include the value of 1,626,600
treasury shares held by the Company as at 28 August 2021.

The "No. of Existing Outstanding Shares" excludes 1,626,600 treasury shares held by the Company as at 28
August 2021.

Additional Details

Capital Amount-Old
SGD 139,201,102.95
Capital Amount-New
SGD 185,103,302.95
No. of Existing Outstanding Shares
243,335,089
New Shares Issued
31,015,000
Offer Price
SGD 1.48

Attachments

BRC_Placement - Completion Announcement_14.10.2021.pdf
Total size =272K