WD::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Security
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31

Announcement Details

Announcement Title
Rights Announcement Withdrawn
Date &Time of Broadcast
12-Jan-2021 12:22:58
Status
Withdraw
Corporate Action Reference
SG210108RHDI2WN8
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Event Status
Rejected
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/03/2020
Foreign Shareholder Eligibility
No
Attachment for Intent
AVT-NRRI_AIP_Announcement_8Jan2021.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED PRO RATA, NON-RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE
RECEIPT OF IN-PRINCIPLE APPROVAL
PLEASE REFER TO THE ATTACHMENT.

Dates

Rights Details

Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
3
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.0225
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1I67883666ADDVALUE TECHNOLOGIES LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Reason(s) for Withdrawal

Reason(s) for Withdrawal
The current workflow of the Rights will be announced in the initial template:
Corporate Action Reference SG2O1129RHDI2ZKX

Attachments

AVT-NRRI_AIP_Announcement_8Jan2021.pdf
Total size =641K

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08/01/2021 21:42:18