REPL::Share Consolidation::Mandatory

Issuer & Securities

Issuer/ Manager
AVARGA LIMITED
Security
AVARGA LIMITED - SG1K55001665 - U09

Announcement Details

Announcement Title
Share Consolidation
Date &Time of Broadcast
28-Apr-2025 17:15:32
Status
Replacement
Corporate Action Reference
SG250313SPLROH91
Submitted By (Co./ Ind. Name)
Tong Ian
Designation
Chief Executive Officer

Event Narrative

Narrative Type
Narrative Text
Additional TextProposed Share Consolidation of Every Ten (10) Existing Shares of Avarga Limited (the "Company") as at the Record Date to be Determined by the Directors into One (1) Consolidated Share of the Company, Fractional Entitlements to be Disregarded.
Please refer to the attachment.
Additional TextReceipt of Approval In-Principle from the Singapore Exchange Securities Trading Limited for the Listing and Quotation of the Consolidated Shares.
Please refer to the attachment.
Additional TextPlease refer to the attachment on the Notice of Record Date for the Proposed Share Consolidation.

Event Dates

Record Date
22/05/2025
Ex Date
21/05/2025

Disbursement Details

Existing Security Details
Security Debit Date
23/05/2025
Last Trading Date
20/05/2025
New Security Details
Security not found
Yes
Fractional Disposition Method
Round down fraction to last full unit
Security Credit Date
23/05/2025
Distribution Ratio (New: Old)
1:10

Attachments

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