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

Regulatory Outcome

Attachment For Regulatory Outcome

AnnAik RCWI - Receipt of LQN.pdf

Event Narrative

Narrative Type	Narrative Text
Additional Text	PROPOSED RENOUNCEABLE NON_UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE UP TO 63,850,725 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY
Additional Text	THIS ANNOUNCEMENT SUPERSEDES THE RIGHT ISSUE ANNOUNCEMENT MADE ON 28 DECEMBER 2018 (SG18228RHDI9VAX) WHICH WAS SUBSEQUENTLY WITHDRAWN.
Additional Text	THE 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

Renounceable Conditions

Allow Over Subscription: Yes

Attachments

Right Issue Announcement 28122018.pdf

AnnAik RCWI - Receipt of LQN.pdf

Total size =930K

Related Announcements

Related Announcements: 11/10/2019 17:21:42
17/09/2019 17:32:53
17/09/2019 17:28:06
05/09/2019 17:20:31
30/07/2019 17:27:25