Placements::PLACEMENT OF 266,666,600 NEW ORDINARY 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
16-Dec-2019 12:45:57
Status
New
Announcement Sub Title
PLACEMENT OF 266,666,600 NEW ORDINARY SHARES
Announcement Reference
SG191216OTHRFL3G
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)
PLACEMENT OF 266,666,600 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0225 PER SHARE AND CONDITIONAL GRANT OF SHARE OPTIONS EXERCISABLE INTO UP TO 444,444,400 NEW ORDINARY SHARES AT AN EXERCISE PRICE OF S$0.0225 PER SHARE

Additional Details

Capital Amount-Old
SGD 97,254,648
Capital Amount-New
SGD 103,254,648
No. of Existing Outstanding Shares
1,870,441,084
New Shares Issued
266,666,600
Offer Price
SGD 0.0225

Attachments