Placements::Entry Into S$50,000,000 Subscription Agreement
Issuer & Securities
AEI CORPORATION LTD.
AEI CORPORATION LTD - SG1AJ1000006 - AWG
Date &Time of Broadcast
Announcement Sub Title
Entry Into S$50,000,000 Subscription Agreement
Submitted By (Co./ Ind. Name)
Ngiam Zee Moey
Description (Please provide a detailed description of the event in the box below)
(i) Entry Into S$50,000,000 Subscription Agreement - The Proposed Allotment and Issuance of up to 62,500,000 shares at an issue price of S$0.80 per share.
(ii) Proposed bonus issue of up to 27,119,659 free warrants, each warrant carrying the right to subscribe for one (1) new ordinary share in the capital of the company at an exercise price of s$1.00 for each new share and on the basis of one (1) warrant for every one (1) existing ordinary shares held by the shareholders of the company as at the books closure date.
Please refer to attachment.
No. of Existing Outstanding Shares
New Shares Issued
Total size =451K