REPL::Placements::APPROVAL-IN-PRINCIPLE WRT ANNOUNCEMENT 4 OF 4 IN RELATION TO A FUND RAISING EXERCISE

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
28-Mar-2022 21:51:09
Status
Replacement
Announcement Sub Title
APPROVAL-IN-PRINCIPLE WRT ANNOUNCEMENT 4 OF 4 IN RELATION TO A FUND RAISING EXERCISE
Announcement Reference
SG220328OTHR04E3
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)
RECEIPT OF APPROVAL-IN-PRINCIPLE FROM THE SGX-ST IN RELATION TO
ANNOUNCEMENT REFERENCE SG211205OTHRUC0G

Proposed Subscription by Directors, Employees and Business Associates of a total of 169,070,000 new Shares

Please refer to the attached for details.

Additional Details

Capital Amount-Old
SGD 109,380,048
Capital Amount-New
SGD 111,527,237
No. of Existing Outstanding Shares
2,524,601,975
New Shares Issued
169,070,000
Offer Price
SGD 0.0127

Attachments

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28/03/2022 21:35:13