Placements::Convertible Loan Notes in principal amount of SGD470,000 convertible into 427,272,727 shares

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 20-Sep-2023 23:59:10
Status: New
Announcement Sub Title: Convertible Loan Notes in principal amount of SGD470,000 convertible into 427,272,727 shares
Announcement Reference: SG230920OTHRQFR0
Submitted By (Co./ Ind. Name): Ng Joo Khin
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Please see attached the announcement on the entry by the Company into subscription agreements in relation to the issuance of convertible loan notes in the aggregate principal amount of SGD470,000 convertible into 427,272,727 shares at the price of SGD0.0011 per share plus up to an additional 5,696,970 shares in respect of the conversion of interest that would accrued for the period covering the full term of convertible loan notes (i.e., accrued until the maturity date).

Total size =234K