Placements::ALLOTMENT AND ISSUE OF 120,000,000 NEW SHARES
Issuer & Securities
SHENG SIONG GROUP LTD.
SHENG SIONG GROUP LTD - SG2D54973185 - OV8
Date &Time of Broadcast
Announcement Sub Title
ALLOTMENT AND ISSUE OF 120,000,000 NEW SHARES
Submitted By (Co./ Ind. Name)
Lim Hock Chee
Description (Please provide a detailed description of the event in the box below)
Sheng Siong Group Ltd has, on 11 Sep 2014, allotted and issued 120,000,000 new ordinary shares to Sheng Siong Holdings Pte Ltd (the Lender), as repayment of the Loan Shares. The shares were borrowed for the purpose of a placement.
Following the allotment and issue of the new shares, the total number of issued shares of Sheng Siong Group Ltd has increased from 1,383,537,000 shares to 1,503,537,000 shares. Please refer to more details in this attachment.
No. of Existing Outstanding Shares
New Shares Issued
Total size =112K