Placements::RECEIPT OF APPROVAL IN-PRINCIPLE

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
20-Nov-2018 21:05:38
Status
New
Announcement Sub Title
RECEIPT OF APPROVAL IN-PRINCIPLE
Announcement Reference
SG181120OTHRLI14
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 100,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD AT A PLACEMENT PRICE OF S$0.025 PER PLACEMENT SHARE
- RECEIPT OF APPROVAL IN-PRINCIPLE

Please refer to the attachment for details.

Additional Details

Capital Amount-Old
SGD 94,754,648
Capital Amount-New
SGD 97,254,648
No. of Existing Outstanding Shares
1,770,441,084
New Shares Issued
100,000,000
Offer Price
SGD 0.025

Attachments

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27/11/2018 17:09:58