Equity Listing - Ordinary Shares::Allotment and Issuance of New Shares Pursuant to Exercise of Warrants

Issuer & Securities

Issuer/Manager
OLS ENTERPRISE LTD.
Security Not Found
No
Security Name
OLS ENTERPRISE LTD.
Security Short Name
OLS
ISIN
SG1AA8000008
Stock Code
ADJ

Announcement Details

Announcement Title
Equity Listing - Ordinary Shares
Date &Time of Broadcast
22-Jun-2015 18:15:06
Status
New
Announcement Sub Title
Allotment and Issuance of New Shares Pursuant to Exercise of Warrants
Announcement Reference
SG150622OTHR5HWE
Submitted By (Co./Ind. Name)
Koo Ah Seang
Designation
Executive Chairman
Description(Please provide a detailed description of the announcement in the box below)
The Board of Directors (the "Board") of OLS Enterprise Ltd. (the "Company") wishes to announce that the number of issued ordinary shares of the Company has increased from 1,966,673,974 ordinary shares to 1,966,676,899 ordinary shares by way of allotment and issuance of 2,925 new ordinary shares pursuant to the exercise of 2,925 warrants at the exercise price of S$0.009 each, on 18 June 2015.

These new shares rank pari passu in all respects with the existing shares of the Company had been listed and quoted on the SGX-ST on 22 June 2015.

Pursuant to the aforesaid exercise of warrants, there are 821,647,064 outstanding warrants each with an exercise price of S$0.009 expiring on 25 August 2017.

Listing Details

Form of Issue
Registered
Primary Listing
Yes
Country of Primary Listing
Singapore
Issue Date
18/06/2015
Listing Date
22/06/2015 09:00:00
Issue Currency
Singapore Dollar
Trading Currency
Singapore Dollar
Asset Class
Ordinary Shares
Original Shares Issued
1,966,673,974
Original Paid up Capital
SGD 14,475,986

Agent Details

Registrar
B.A.C.S. Private Limited