General Announcement::PROPOSED ISSUANCE OF 7.0% UNSECURED CONVERTIBLE BONDS - RECEIPT OF APPROVAL IN-PRINCIPLE

Issuer & Securities

Issuer/ Manager
ASIA FASHION HOLDINGS LIMITED
Securities
ASIA FASHION HOLDINGS LIMITED - BMG0539Q1217 - BQI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Apr-2017 23:14:17
Status
New
Announcement Sub Title
PROPOSED ISSUANCE OF 7.0% UNSECURED CONVERTIBLE BONDS - RECEIPT OF APPROVAL IN-PRINCIPLE
Announcement Reference
SG170424OTHRZ1MT
Submitted By (Co./ Ind. Name)
CHONG TIN YAM, ALEX
Designation
EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
APPROVAL IN-PRINCIPLE IN RESPECT OF:
(1) THE PROPOSED ISSUANCE OF 7.0% UNSECURED CONVERTIBLE BONDS OF AN AGGREGATE PRINCIPAL AMOUNT OF S$2,100,000 (THE "PROPOSED CB ISSUANCE"); AND
(2) THE PROPOSED PLACEMENT OF 35,000,000 NEW ORDINARY SHARES ("PROPOSED SHARE PLACEMENT")

PLEASE SEE ATTACHED.

Attachments