Placements::PROPOSED ISSUANCE OF 15,000,000 NEW SHARES TO ALONIM INVESTMENTS INC. BY WAY OF PRIVATE PLACEMENT

Issuer & Securities

Issuer/ Manager
EXCELPOINT TECHNOLOGY LTD.
Securities
EXCELPOINT TECHNOLOGY LTD - SG1BF4000009 - BDF
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
02-Sep-2016 17:44:19
Status
New
Announcement Sub Title
PROPOSED ISSUANCE OF 15,000,000 NEW SHARES TO ALONIM INVESTMENTS INC. BY WAY OF PRIVATE PLACEMENT
Announcement Reference
SG160902OTHRSN9T
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see attached.

Additional Details

Capital Amount-Old
SGD 52,730,185
Capital Amount-New
SGD 60,605,185
No. of Existing Outstanding Shares
102,483,440
New Shares Issued
15,000,000
Offer Price
SGD 0.525

Attachments

EP_PlacementAnnouncement.pdf
Total size =22K