Placements::COMPLETION OF PLACEMENT OF 22,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
NUTRYFARM INTERNATIONAL LIMITED
Securities
NUTRYFARM INTERNATIONAL LTD - BMG6700D1048 - AZT
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
15-Sep-2021 17:40:22
Status
New
Announcement Sub Title
COMPLETION OF PLACEMENT OF 22,000,000 NEW ORDINARY SHARES
Announcement Reference
SG210915OTHRPFVE
Submitted By (Co./ Ind. Name)
CHENG MENG
Designation
CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
COMPLETION OF THE PLACEMENT (THE "PLACEMENT") OF AN AGGREGATE OF 22,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "PLACEMENT SHARES") TO BE ISSUED AT S$0.29 PER PLACEMENT SHARE (THE "PLACEMENT PRICE") TO PLACEES ("PLACEES") PURSUANT TO THE PLACEMENT AGREEMENTS ENTERED INTO BETWEEN THE COMPANY AND EACH OF TAN KIM TJIO, LIM BEE LI, NEO KOK CHING, TENG MENG LIEW, XIANG TAO, DAVID WU DEWEI, YAO XIUYIN, ANG POH GUAN, WU JIANSHENG, GAO HUAZHU AND ZHANG MIN DATED 4 JUNE 2021 (THE "PLACEMENT AGREEMENTS").

PLEASE SEE ATTACHED.

Additional Details

Capital Amount-Old
HKD 11,542,000
Capital Amount-New
HKD 13,742,000
No. of Existing Outstanding Shares
115,422,103
New Shares Issued
22,000,000
Offer Price
SGD 0.29

Attachments

Ann-Completion of Placement-15Sep2021-Final.pdf
Total size =95K