WD::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
LCD GLOBAL INVESTMENTS LTD.
Security
LCD GLOBAL INVESTMENTS LTD. - SG1C01001033 - L38

Announcement Details

Announcement Title
Rights Announcement Withdrawn
Date &Time of Broadcast
06-May-2015 18:57:42
Status
Withdraw
Corporate Action Reference
SG141208RHDI6OQM
Submitted By (Co./ Ind. Name)
Iris Wu Hwee Tan
Designation
Company Secretary
Event Status
Rejected
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Foreign Shareholder Eligibility
Yes
Foreign Shareholder Applicability
All
Attachment for Intent
Announcement - 5 December 2014.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextProposed Renounceable Rights Issue of up to S$105,366,446 in aggregate principle amount of 2.50 per cent. Redeemable Convertible Bonds ("RCB") due 2020 in the denomination of S$1.00 for each RCB on the basis of 100 RCB for every 1,000 shares held by shareholders.

This is a republication of the Announcement released on 5 December 2014.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
1,000
Rights Security Distribution Ratio- Rights Security
100

Option Exercise

Issue Price (Per Rights)
SGD 1
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1C01001033LCD GLOBAL INVESTMENTS LTD.Ordinary Share14

Renounceable Conditions

Allow Over Subscription
Yes

Reason(s) for Withdrawal

Reason(s) for Withdrawal
As explained in the announcement on 14 January 2015, the Board decided that it was in the best interests of shareholders to cancel the proposed rights issue of RCB so as to allow the higher offer price of S$0.33 per offer share to be made available to shareholders as per the offer announcement on 12 January 2015.

Attachments

Announcement - 5 December 2014.pdf
Total size =101K

Related Announcements

Related Announcements

08/12/2014 20:24:12