REPL::Placements::Proposed Placement of 4,985,755 Treasury Shares in the Capital of the Company
Issuer & Securities
Issuer/ Manager
Q & M DENTAL GROUP (SINGAPORE) LIMITED
Securities
Q & M DENTAL GROUP (S) LIMITED - SG2E73981531 - QC7
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
04-Oct-2022 20:45:40
Status
Replacement
Announcement Sub Title
Proposed Placement of 4,985,755 Treasury Shares in the Capital of the Company
Announcement Reference
SG220929OTHRVBLD
Submitted By (Co./ Ind. Name)
Ng Sook Hwa
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Q & M Dental Group (Singapore) Limited wishes to clarify that the Placement Price is not equivalent to but represents a premium of approximately 4% to the weighted average price of S$0.337 for trades done on the Shares of the Company on the SGX-ST for the full market day on 29 September 2022, being the market day on which the Placement Letters were executed.
Please refer to the clarification announcement attached.
Additional Details
Capital Amount-Old
SGD 88,272,545.71
Capital Amount-New
SGD 90,022,545.71
No. of Existing Outstanding Shares
939,442,940
New Shares Issued
4,985,755
Offer Price
SGD 0.351
Attachments
QnM_20220929_Placement_of_Treasury_Shares.pdf
QnM_20221004_Clarification_Placement_Announcement.pdf
Total size =223K
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