REPL::Placements::PLACEMENT OF 34,700,000 NEW ORDINARY SHARES IN THE CAPITAL OF TRANSIT-MIXED CONCRETE LTD

Issuer & Securities

Issuer/ Manager
TRANSIT-MIXED CONCRETE LTD
Securities
TRANSIT-MIXED CONCRETE LTD - SG1F41856716 - 570
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
08-Jun-2021 09:17:15
Status
Replacement
Announcement Sub Title
PLACEMENT OF 34,700,000 NEW ORDINARY SHARES IN THE CAPITAL OF TRANSIT-MIXED CONCRETE LTD
Announcement Reference
SG210525OTHR0ODC
Submitted By (Co./ Ind. Name)
Chen Lee Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

The Directors wish to announce that the Company will no longer be relying on the General Mandate and will instead be seeking specific approval from shareholders of the Company ("Shareholders") for the allotment and issuance of the Placement Shares at the Placement Price at an extraordinary general meeting of the Company to be convened.

Please refer to the attached Circular seeking Shareholders' approval at an extraordinary general meeting of the Company to be held by way of electronic means on 24 June 2021 at 11.00 a.m. (or immediately after the conclusion of the AGM to be held at 10.00 a.m. on the same day).

Additional Details

Capital Amount-Old
SGD 11,190,764
Capital Amount-New
SGD 4,858,000
No. of Existing Outstanding Shares
69,590,800
New Shares Issued
34,700,000
Offer Price
SGD 0.14

Attachments

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