Rights::Voluntary

Issuer & Securities

Issuer/ Manager
COURAGE INVESTMENT GROUP LIMITED
Security
COURAGE INVESTMENT GRP LIMITED - BMG246371030 - CIN

Announcement Details

Announcement Title
Propose Non-renounceable Underwritten Rights Issue
Date &Time of Broadcast
18-Nov-2020 19:18:11
Status
New
Corporate Action Reference
SG201118RHDIURK9
Submitted By (Co./ Ind. Name)
Lee Pih Peng
Designation
Deputy Company Secretary
Underwritten
Yes
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2020
Foreign Shareholder Eligibility
Yes
Foreign Shareholder Applicability
Specific Countries
Specific Countries List
Hong Kong
Virgin Islands (British)
Philippines
China
Taiwan, Province Of China

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED OPEN OFFER ON THE BASIS OF ONE OFFER SHARE FOR EVERY ONE SHARE HELD ON THE RECORD DATE PAYABLE IN FULL ON APPLICATION
Additional TextPlease refer to the Company's announcements dated 24 July 2020 and 29 October 2020 for further details on the terms of the Proposed Open Offer. Shareholders should note that Shareholders' approval for the Proposed Open Offer had been obtained at the Special General Meeting of the Company dated 18 November 2020.

Dates

Record Date and Time
25/11/2020 16:30:00
Ex Date
24/11/2020

Rights Details

Rights Security ISIN
BMG246371030
Rights Security Name
COURAGE INVESTMENT GRP LIMITED
Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
HKD 0.13
Exercise Period
03/12/2020 TO 18/12/2020
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
BMG246371030COURAGE INVESTMENT GRP LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes