Placements::ANNOUNCEMENT 3 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
06-Jun-2024 05:57:26
Status
New
Announcement Sub Title
ANNOUNCEMENT 3 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT
Announcement Reference
SG240606OTHRSR0O
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT 3/5

PROPOSED ISSUE AND ALLOTMENT OF 141,272,907 NEW ORDINARY SHARES IN THE CAPITAL OF JASPER INVESTMENTS LIMITED (THE FEE CONVERSION SHARES ) TO CERTAIN DIRECTORS AND FORMER DIRECTORS IN CONNECTION WITH THE PROPOSED CAPITALISATION OF UNPAID DIRECTORS FEES AS AT 17 OCTOBER 2023 AT THE ISSUE PRICE OF S$0.0011 PER FEE CONVERSION SHARE

Please refer to the attached for details.

Total Offer Price converted from SGD to USD based on the exchange rate of 1.3463, as per the exchange rate by the Monetary Authority of Singapore as at 5 June 2024.

Additional Details

Capital Amount-Old
USD 591,721,000
Capital Amount-New
SGD 591,836,427.61
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
141,272,907
Offer Price
SGD 0.0011

Attachments

JIL Conversion of Director Fees Announcement.pdf
Total size =571K