Placements::PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF S$80.86 MILLION

Issuer & Securities

Issuer/ Manager: THE STRAITS TRADING COMPANY LIMITED
Securities: STRAITS TRADING CO. LTD - SG1J49001550 - S20
Stapled Security: No

Announcement Details

Announcement Title: Placements
Date &Time of Broadcast: 18-Jan-2022 07:51:52
Status: New
Announcement Sub Title: PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF S$80.86 MILLION
Announcement Reference: SG220118OTHR30NM
Submitted By (Co./ Ind. Name): Ngiam May Ling
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Please see attached.

Additional Details

Capital Amount-Old: SGD 568,967,826.12
Capital Amount-New: SGD 649,827,826.12
No. of Existing Outstanding Shares: 406,819,572
New Shares Issued: 26,000,000
Offer Price: SGD 3.11

Attachments

Project Velocity - Private Placement Announcement_18 January 2022_final.pdf

Straits Trading Announcement_Media Release on Placement Exercise_F20220118.pdf

Total size =305K

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