REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager: VIKING OFFSHORE AND MARINE LIMITED
Security: VIKING OFFSHORE & MARINE LTD - SGXE45420721 - 1Y1

Announcement Details

Announcement Title: Outcome of Regulatory Review
Date &Time of Broadcast: 26-May-2022 21:00:00
Status: Replacement
Corporate Action Reference: SG220328RHDI0XWA
Submitted By (Co./ Ind. Name): Low Kim Leng
Designation: Independent Non-Executive Director
Event Status: Pending Record Date Announcement
Underwritten: No
Shareholders' Approval Required?: Yes
Shareholders' Approval Obtained: Yes
Financial Year End: 31/12/2022
Foreign Shareholder Eligibility: No

Event Narrative

Narrative Type	Narrative Text
Additional Text	Proposed 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 Text	One (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

Record Date and Time: 03/06/2022 17:00:00
Ex Date: 02/06/2022

Rights Details

Security Not Found?: No
Renounceable: Yes
Rights Security Distribution Ratio- Underlying: 4
Rights Security Distribution Ratio- Rights Security: 1

Option Exercise

Issue Price (Per Rights): SGD 0.025

Renounceable Conditions

Allow Over Subscription: Yes

Attachments

VOM_Announcement_Corp Actions.pdf

VOM_Receipt of Listing and Quotation Notice.pdf

VOM_Notice of Record Date.pdf

Total size =534K

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