Rights::Voluntary

Issuer & Securities

Issuer/ Manager
NICO STEEL HOLDINGS LIMITED
Security
NICO STEEL HOLDINGS LIMITED - SG1R29924672 - 5GF

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
25-Feb-2020 22:49:35
Status
New
Corporate Action Reference
SG200225RHDI0LUR
Submitted By (Co./ Ind. Name)
Tan Chee Khiong
Designation
Chairman and President
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
29/02/2020
Foreign Shareholder Eligibility
No
Attachment for Intent
NSH_Proposed Renounceable Non-Underwritten Rights Issue_Final.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 1,240,541,543 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY

- Please refer to the file attached.

Dates

Rights Details

Rights Security Name
Nico Steel Holdings Limited
Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
4
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.001
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1R29924672NICO STEEL HOLDINGS LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

NSH_Proposed Renounceable Non-Underwritten Rights Issue_Final.pdf
Total size =216K