Placements::PLACEMENT OF 135,120,000 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0148 PER SHARE

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
07-Jul-2022 22:16:29
Status
New
Announcement Sub Title
PLACEMENT OF 135,120,000 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0148 PER SHARE
Announcement Reference
SG220707OTHRRAV5
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
PLACEMENT OF 135,120,000 NEW ORDINARY SHARES AT AN ISSUE PRICE OF S$0.0148 PER SHARE COMPRISING
67,560,000 NEW ORDINARY SHARES TO THEG PTE. LTD.
67,560,000 NEW ORDINARY SHARES TO OPULENCE INVESTMENT PTE. LTD.

Additional Details

Capital Amount-Old
SGD 116,521,385
Capital Amount-New
SGD 118,521,161
No. of Existing Outstanding Shares
3,086,911,975
New Shares Issued
135,120,000
Offer Price
SGD 0.0148

Attachments

AVT-Placement_Announcement_070722_final.pdf
Total size =179K