Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ASIATIC GROUP (HOLDINGS) LIMITED
Security
ASIATIC GROUP (HOLDINGS) LTD - SG1N86910089 - 5CR

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
31-Mar-2023 23:54:13
Status
New
Corporate Action Reference
SG230331RHDI63DI
Submitted By (Co./ Ind. Name)
Yoo Loo Ping
Designation
Company Secretary
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/03/2023
Foreign Shareholder Eligibility
No
Attachment for Intent
Asiatic - Right Issue Announcement.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease see the attached announcement.

Proposed Rights Issue of up to 2,264,142,234 Rights Shares at Issue Price on the basis of 13 Rights Shares for every 10 existing ordinary shares of the Company held as at the record date to be determined.

Dates

Rights Details

Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
10
Rights Security Distribution Ratio- Rights Security
13

Option Exercise

Issue Price (Per Rights)
SGD 0.0027
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1N86910089ASIATIC GROUP (HOLDINGS) LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements