Rights::Voluntary

Issuer & Securities

Issuer/ Manager
HOE LEONG CORPORATION LTD.
Security
HOE LEONG CORPORATION LTD. - SG1S47927920 - H20

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
28-Aug-2014 18:13:24
Status
New
Corporate Action Reference
SG140828RHDICNRN
Submitted By (Co./ Ind. Name)
Kuah Geok Lin
Designation
Chairman & CEO
Underwritten
No
Shareholder's Approval Required?
Yes
Shareholder's Approval Obtained
No
RightsIssue.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 218,059,478 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.046 FOR EACH RIGHT SHARE, ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY FOUR (4) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY

Dates

Rights Details

Security Not Found?
Yes
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
4
Rights Security Distribution Ratio- Rights Security
3

Option Exercise

Issue Price (Per Rights)
SGD 0.046
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1S47927920HOE LEONG CORPORATION LTD.Ordinary Share11

Renounceable Conditions

Allow Over Subscription
No

Attachments

RightsIssue.pdf
Total size =273K