Placements::Proposed Placement of 87,748,000 New Ordinary Shares in the Capital of mm2 Asia Ltd.

Issuer & Securities

Issuer/ Manager
MM2 ASIA LTD.
Securities
MM2 ASIA LTD. - SG1DC0000006 - 1B0
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
06-Jul-2017 22:29:03
Status
New
Announcement Sub Title
Proposed Placement of 87,748,000 New Ordinary Shares in the Capital of mm2 Asia Ltd.
Announcement Reference
SG170706OTHRQ8VA
Submitted By (Co./ Ind. Name)
Melvin Ang Wee Chye
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Proposed Placement of 87,748,000 New Ordinary Shares in the Capital of mm2 Asia Ltd. at a Placement Price of S$0.57 per Placement Share

- Allotment and Issue of 87,748,000 New Shares

Please refer to the attached.

Additional Details

Capital Amount-Old
SGD 89,576,437.26
Capital Amount-New
SGD 139,592,797.26
No. of Existing Outstanding Shares
1,048,740,820
New Shares Issued
87,748,000
Offer Price
SGD 0.57

Attachments

mm2 - Allotment and Issue of Shares.pdf
Total size =245K