Rights::Voluntary

Issuer & Securities

Issuer/ Manager
VIKING OFFSHORE AND MARINE LIMITED
Security
VIKING OFFSHORE & MA W220701 - SGXN37575515 - KZHW

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
28-Mar-2022 07:46:52
Status
New
Corporate Action Reference
SG220328RHDIZ0QU
Submitted By (Co./ Ind. Name)
Low Kim Leng
Designation
Independent Non-Executive Director
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2022
Foreign Shareholder Eligibility
No
Attachment for Intent
VOM_Announcement_Corp Actions.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextProposed renounceable non-underwritten rights cum warrants issue ("Rights cum Warrants Issue") of up to 140,574,153 new ordinary shares of the Company ("Rights Shares") with up to 281,148,306 free detachable and transferable warrants ("Warrants").
Additional TextOne (1) Rights Share for every four (4) existing shares in the capital of the Company ("Shares") held by Entitled Shareholders (as defined herein) as at a record date to be determined by the Board ("Record Date"), fractional entitlements to be disregarded, and two (2) Warrants for every one (1) Rights Share subscribed.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
2

Option Exercise

Issue Price (Per Rights)
SGD 0.04
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SGXN37575515VIKING OFFSHORE & MA W220701Warrant/ TSR11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

VOM_Announcement_Corp Actions.pdf
Total size =308K

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26/05/2022 21:13:47