Placements::COMPLETION OF THE CLN + WARRANTS TO RESTRICTED PERSONS ISSUE

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
14-Mar-2024 23:51:09
Status
New
Announcement Sub Title
COMPLETION OF THE CLN + WARRANTS TO RESTRICTED PERSONS ISSUE
Announcement Reference
SG240314OTHR2A16
Submitted By (Co./ Ind. Name)
TAN KHAI PANG
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
PROPOSED ISSUE OF CONVERTIBLE LOAN NOTES IN THE AGGREGATE PRINCIPAL AMOUNT OF S$1,241,500 WITH AN AGGREGATE OF 95,500,000 FREE DETACHABLE WARRANTS CONVERTIBLE INTO NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD

- COMPLETION OF THE RESTRICTED PERSONS ISSUE

Please refer to the attachment for details.

Additional Details

Capital Amount-Old
SGD 118,775,163
Capital Amount-New
SGD 119,802,163
No. of Existing Outstanding Shares
3,242,032,092
New Shares Issued
79,000,000
Offer Price
SGD 0.013

Attachments

AVT-2023_Convertible_Loan_Note-Announcement-Completion-Specific-Mandate_140324.pdf
Total size =87K