Placements::ANNOUNCEMENT 2 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
06-Jun-2024 05:55:18
Status
New
Announcement Sub Title
ANNOUNCEMENT 2 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT
Announcement Reference
SG240606OTHRO7AL
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT 2/5

PROPOSED SUBSCRIPTION OF:

1,166,666,667 NEW ORDINARY SHARES IN THE CAPITAL OF JASPER INVESTMENTS LIMITED BY MR. GOH HAO KWANG DENNIS, EXECUTIVE CHAIRMAN AND CEO; AND

166,666,667 NEW ORDINARY SHARES IN THE CAPITAL OF JASPER INVESTMENTS LIMITED BY MR. OSITH RAMANATHAN, INDEPENDENT DIRECTOR

AT THE ISSUE PRICE OF S$0.0015 FOR EACH ORDINARY SHARE TO RAISE TOTAL GROSS PROCEEDS OF S$2,000,000

Please refer to the attached for details.

Total Offer Price converted from SGD to USD based on the exchange rate of 1.3463, as per the exchange rate by the Monetary Authority of Singapore as at 5 June 2024.

Additional Details

Capital Amount-Old
USD 591,721,000
Capital Amount-New
SGD 593,206,553
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
1,333,333,334
Offer Price
SGD 0.0015

Attachments

JIL Directors Subscription Announcement.pdf
Total size =619K