REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ANNAIK LIMITED
Security
ANNAIK LIMITED - SG1O45913009 - A52

Announcement Details

Announcement Title
Outcome of Regulatory Review
Date &Time of Broadcast
30-Jul-2019 17:42:35
Status
Replacement
Corporate Action Reference
SG190730RHDIXR46
Submitted By (Co./ Ind. Name)
NG KIM KEANG
Designation
DIRECTOR
Event Status
Pending AIP/ LQN Announcement
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2018
Foreign Shareholder Eligibility
No
Attachment for Intent
Right%20Issue%20Announcement%2028122018.pdf

Regulatory Outcome

Attachment For Regulatory Outcome
AnnAik%20RCWI%20-%20Receipt%20of%20LQN.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON_UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE UP TO 63,850,725 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY
Additional TextTHIS ANNOUNCEMENT SUPERSEDES THE RIGHT ISSUE ANNOUNCEMENT MADE ON 28 DECEMBER 2018 (SG18228RHDI9VAX) WHICH WAS SUBSEQUENTLY WITHDRAWN.
Additional TextTHE WITHDRAWAL IS MADE DUE TO A CHANGE IN THE RESPONSE IN A FIELD OF THE TEMPLATE 'SHAREHOLDERS' APPROVAL REQUIRED?" FROM NO TO YES AS THE COMPANY DOES NOT WISH TO RELY ON THE SHARE ISSUE MANDATE FOR THE RIGHTS CUM WARRANTS ISSUE AS ANNOUNCED ON 11 JULY 2019. THERE IS NO CHANGE TO THE ANNOUNCEMENT CONTENT DATED 28 DEC 2018.

Dates

Rights Details

Security Not Found?
Yes
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
4
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.065
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1O45913009ANNAIK LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements