Placements::IN-PRINCIPLE APPROVAL FROM SGX-ST FOR PROPOSED PLACEMENT OF 25,804,343 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
UNITED FOOD HOLDINGS LIMITED
Securities
UNITED FOOD HOLDINGS LIMITED - BMG9232V2045 - AZR
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
07-Aug-2017 18:48:34
Status
New
Announcement Sub Title
IN-PRINCIPLE APPROVAL FROM SGX-ST FOR PROPOSED PLACEMENT OF 25,804,343 NEW ORDINARY SHARES
Announcement Reference
SG170807OTHR0W6Z
Submitted By (Co./ Ind. Name)
Song Yanan
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 25,804,343 NEW ORDINARY SHARES IN THE CAPITAL OF UNITED FOOD HOLDINGS LIMITED (THE "PLACEMENT")

RECEIPT OF IN PRINCIPLE APPROVAL FROM SGX-ST

Please see attached.

Additional Details

Capital Amount-Old
HKD 13,209,704
Capital Amount-New
HKD 15,790,138
No. of Existing Outstanding Shares
132,097,041
New Shares Issued
25,804,343
Offer Price
SGD 0.39

Attachments