Rights::Voluntary

Issuer & Securities

Issuer/ Manager
SAMKO TIMBER LIMITED
Security
SAMKO TIMBER LIMITED - SG1W64939547 - E6R

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
15-Sep-2016 19:03:21
Status
New
Corporate Action Reference
SG160915RHDIAFST
Submitted By (Co./ Ind. Name)
Riko Setyabudhy Handoko
Designation
Executive Director and Chief Executive Officer
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Foreign Shareholder Eligibility
No
Attachment for Intent
1.Samko-Rights_Issue_Annt_Released_09-Sept-2016.pdf
2.Samko-Rights_Issue_Annt_Clarification.pdf

Event Narrative

Narrative Type
Narrative Text
Additional Text1. PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE
Additional TextThis announcement supersedes the Company's announcement in relation to the proposed renounceable non-underwritten rights issue released on 9 September 2016 (Corporate Action Reference: SG160909RHDI7C8I) (the "Proposed Rights Issue Announcement"), a copy of which is attached herewith for reference.
Additional Text2. PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE - CLARIFICATION ON CLOSING MARKET PRICE OF SHARES
Additional TextThe attached announcement clarifies the closing market price of shares in respect of the Proposed Rights Issue Announcement.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
7
Rights Security Distribution Ratio- Rights Security
5

Option Exercise

Issue Price (Per Rights)
SGD 0.035
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1W64939547SAMKO TIMBER LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements