Asset Acquisitions and Disposals::(1) Update on Proposed Acquisition, (2) Issue of Exchangeable Bonds, (3) Issue of Guaranteed Bonds

Issuer & Securities

Issuer/ Manager
ANCHOR RESOURCES LIMITED
Securities
ANCHOR RESOURCES LIMITED - SG1CG7000002 - 43E
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
29-Mar-2017 18:23:59
Status
New
Announcement Sub Title
(1) Update on Proposed Acquisition, (2) Issue of Exchangeable Bonds, (3) Issue of Guaranteed Bonds
Announcement Reference
SG170329OTHR2SCE
Submitted By (Co./ Ind. Name)
Low Wee Siong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached document in relation to the following:

(1) Updates regarding the proposed acquisition of GGT Manufacturing Sdn. Bhd. as a very substantial acquisition and an interested person transaction;

(2) Proposed issue of exchangeable bonds with an aggregate principal amount of S$2,000,000 due 2019 to be issued to Luminor Pacific Fund 2 Ltd.; and

(3) Proposed issue of guaranteed non-convertible bonds with an aggregate principal amount of S$2,875,000 due 2018 to be issued by the company to Mr Tan Ong Huat.

Attachments

Anchor Resources - Supplemental_Bonds 29.03.2017.pdf
Total size =250K