General Announcement::USE OF PROCEEDS FROM PLACEMENT OF 40 MILLION NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
DRAGON GROUP INTL LIMITED
Securities
DRAGON GROUP INTL LIMITED - SG2C50963991 - MT1
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
22-Mar-2015 19:33:50
Status
New
Announcement Sub Title
USE OF PROCEEDS FROM PLACEMENT OF 40 MILLION NEW ORDINARY SHARES
Announcement Reference
SG150322OTHRO9IO
Submitted By (Co./ Ind. Name)
DATO' MICHAEL LOH SOON GNEE
Designation
EXECUTIVE CHAIRMAN & CEO
Description (Please provide a detailed description of the event in the box below)
Further to the Company's announcements made on 22 April 2014, 15 May 2014 and 14 August 2014 in relation to the use of proceeds from the Placement, the Board of Directors of the Company wishes to provide further information and details on the manner of the full utilisation of the aggregate proceeds amounting to approximately S$4,000,000 raised from the Placement for working capital purposes.

Attachments

DGI_Use_of_Proceeds.pdf
Total size =26K