Placements::Proposed Subscription of 167,400,000 New Ordinary Shares of the Company at S$0.125 Per Share

Issuer & Securities

Issuer/ Manager
YINDA INFOCOMM LIMITED
Securities
YINDA INFOCOMM LIMITED - SG1BF8000005 - 42F
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
26-Jan-2021 20:39:37
Status
New
Announcement Sub Title
Proposed Subscription of 167,400,000 New Ordinary Shares of the Company at S$0.125 Per Share
Announcement Reference
SG210126OTHRTKVE
Submitted By (Co./ Ind. Name)
Tan Chee Bun Gordon
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Ong Hwee Li (Tel +65 6232 3210), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Capital Amount-Old
SGD 29,291,718
Capital Amount-New
SGD 50,216,718
No. of Existing Outstanding Shares
371,333,333
New Shares Issued
167,400,000
Offer Price
SGD 0.125

Attachments

Yinda Infocomm Limited - Proposed Subscription - Final.pdf
Total size =115K