Rights::Voluntary

Issuer & Securities

Issuer/ Manager
SINGAPORE EDEVELOPMENT LIMITED
Security
SINGAPORE EDEVELOPMENT LTD - SG1AE2000006 - 40V

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
27-Jul-2015 07:22:01
Status
New
Corporate Action Reference
SG150727RHDIO5A4
Submitted By (Co./ Ind. Name)
Chan Heng Fai
Designation
Executive Director and Chief Executive Officer
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2015
Foreign Shareholder Eligibility
No
Attachment for Intent
SeD-Ann-RightscumWarrantsIssue.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED ISSUE OF AN AGGREGATE OF UP TO 3,996,654,250 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY, COMPRISING THE RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 1,998,327,125 RIGHTS SHARES AT AN ISSUE PRICE OF S$0.03 FOR EACH RIGHTS SHARE, ON THE BASIS OF FIVE (5) RIGHTS SHARES FOR EVERY ONE (1) EXISTING ORDINARY SHARE
Additional TextIN THE CAPITAL OF THE COMPANY HELD BY SHAREHOLDERS OF THE COMPANY AS AT A BOOKS CLOSURE DATE TO BE DETERMINED, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED, AND THE ISSUE OF UP TO 1,998,327,125 FREE DETACHABLE WARRANTS CARRYING
Additional TextTHE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE AT AN EXERCISE PRICE OF S$0.03 FOR EACH EXERCISED SHARE, ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR

Dates

Rights Details

Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
5

Option Exercise

Issue Price (Per Rights)
SGD 0.03
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1AE2000006SINGAPORE EDEVELOPMENT LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments