REPL::Capital Reduction::Mandatory

Issuer & Securities

Issuer/ Manager: V2Y CORPORATION LTD.
Security: V2Y CORPORATION LTD. - SGXE31442804 - V2Y

Announcement Details

Announcement Title: Capital Reduction (Impacts shareholder)
Date &Time of Broadcast: 15-Dec-2020 20:24:27
Status: Replacement
Corporate Action Reference: SG201124DECRWP3K
Submitted By (Co./ Ind. Name): Lim Chuan Poh
Designation: Non-Executive and Independent Chairman
Cash Payout: Yes
Current Share Capital: 29,014,288.77
New Share Capital: 1,911,911.32
Financial Year End: 31/12/2020

Event Narrative

Narrative Type	Narrative Text
Additional Text	Please refer to the attached document.
Additional Text	The Company wishes to clarify that the Offer Price is S$0.0886 per share and that the amount of S$27,102,377.45 represents the total amount being distributed pursuant to the Capital Reduction.

Event Dates

Record Date and Time: 08/12/2020 17:00:00
Ex Date: 07/12/2020

Disbursement Details

Cash Payment Details
Offer Price: SGD 0.0886
Pay Date: 16/12/2020
Outstanding Securities Redeemed (%): 93.410449123

Attachments

V2Y - Capital Reduction Update Annct - Final.pdf

V2Y - Ann - Cap Reduction - E.pdf

V2Y - Capital Reduction Effective Date Annct - E.pdf

Total size =353K

Related Announcements

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24/11/2020 22:58:26