REPL::Placements::LISTING AND QUOTATION OF CONVERSION SHARES

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
05-Jun-2017 18:05:24
Status
Replacement
Announcement Sub Title
LISTING AND QUOTATION OF CONVERSION SHARES
Announcement Reference
SG170530OTHR87UI
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
LISTING AND QUOTATION OF CONVERSION SHARES
IN CONNECTION WITH THE ISSUE OF CONVERTIBLE LOAN NOTES IN THE AGGREGATE PRINCIPAL AMOUNT OF APPROXIMATELY S$7.1 MILLION CONVERTIBLE INTO 128,500,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD AT A CONVERSION PRICE OF S$0.055 PER SHARE


Please refer to the attachment for details.

Additional Details

Capital Amount-Old
SGD 90,162,148
Capital Amount-New
SGD 94,754,648
No. of Existing Outstanding Shares
1,686,941,084
New Shares Issued
83,500,000
Offer Price
SGD 0.055

Attachments

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