Placements::Proposed Placement of 5,324,891 New Ordinary Shares in the Capital of the Company - Completion

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
21-Mar-2018 19:49:27
Status
New
Announcement Sub Title
Proposed Placement of 5,324,891 New Ordinary Shares in the Capital of the Company - Completion
Announcement Reference
SG180321OTHRBZZ0
Submitted By (Co./ Ind. Name)
Thye Kim Meng
Designation
Chairman, Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

(i) 3,824,891 Shares to be issued to Wah Lee Industrial Corp. and Jilead Technology Co., Ltd at SGD 0.50 per share
(ii) 1,500,000 Shares to be issued to Stone Robert Alexander at SGD 0.60 per share

Additional Details

Capital Amount-Old
SGD 60,992,648.426
Capital Amount-New
SGD 63,805,093.926
No. of Existing Outstanding Shares
60,826,601
New Shares Issued
5,324,891
Offer Price
SGD 0

Attachments

Announcement - Proposed Placement of 5324891 New Ordinary Shares of the Company - Completion.pdf
Total size =272K