Placements::PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 11,985,942 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
MMP RESOURCES LIMITED
Securities
MMP RESOURCES LIMITED - SG1W93940508 - F3V
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
08-Mar-2018 18:48:12
Status
New
Announcement Sub Title
PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 11,985,942 NEW ORDINARY SHARES
Announcement Reference
SG180308OTHR1LZ2
Submitted By (Co./ Ind. Name)
Chong Chee Meng Gerard
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 FOR AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$150,000 (THE "PROPOSED BONDS SUBSCRIPTION") AND PROPOSED PLACEMENT OF 11,985,942 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.0027 PER SHARE (THE "PROPOSED PLACEMENT")

Please refer to the file attached.

Additional Details

Capital Amount-Old
SGD 137,724,537.05
Capital Amount-New
SGD 137,756,899.05
No. of Existing Outstanding Shares
2,343,527,950
New Shares Issued
11,985,942
Offer Price
SGD 0.0027

Attachments

MMP_Annt_Placement and Bond Subscription_8Mar18.pdf
Total size =194K