Placements::PROPOSED PLACEMENT OF 188,000,000 ORDINARY SHARES AT THE ISSUE PRICE OF S$0.0126 PER PLACEMENT SHARE

Issuer & Securities

Issuer/ Manager
OEL (HOLDINGS) LIMITED
Securities
OEL (HOLDINGS) LIMITED - SG0584008601 - 584
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
18-Aug-2020 17:31:58
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 188,000,000 ORDINARY SHARES AT THE ISSUE PRICE OF S$0.0126 PER PLACEMENT SHARE
Announcement Reference
SG200818OTHRAZZ4
Submitted By (Co./ Ind. Name)
Zhao Xin
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 188,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.0126 PER PLACEMENT SHARE

Please see attached.

Additional Details

Capital Amount-Old
SGD 40,623,988.249
Capital Amount-New
SGD 42,992,788.249
No. of Existing Outstanding Shares
745,802,074
New Shares Issued
188,000,000
Offer Price
SGD 0.0126

Attachments