Placements::PROPOSED PLACEMENT OF UP TO 250 MILLION NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
30-Apr-2018 23:34:01
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF UP TO 250 MILLION NEW ORDINARY SHARES
Announcement Reference
SG180430OTHRETDL
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
TITLE: PROPOSED PLACEMENT OF UP TO 250 MILLION NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD AT A PLACEMENT PRICE OF S$0.04 PER PLACEMENT SHARE

Please refer to the attachment

Additional Details

Capital Amount-Old
SGD 94,754,648
Capital Amount-New
SGD 104,754,648
No. of Existing Outstanding Shares
1,770,441,084
New Shares Issued
250,000,000
Offer Price
SGD 0.04

Attachments

AVT-Announcement_on_Placement_Agreement_300418.pdf
Total size =221K