REPL::Capital Reduction::Mandatory

Issuer & Securities

Issuer/ Manager
POWERMATIC DATA SYSTEMS LIMITED
Security
POWERMATIC DATA SYSTEMS LTD - SG1BF0000003 - BCY

Announcement Details

Announcement Title
Capital Reduction (Impacts shareholder)
Date &Time of Broadcast
21-Oct-2020 12:05:44
Status
Replacement
Corporate Action Reference
SG200825DECRKHJG
Submitted By (Co./ Ind. Name)
Dr Chen Mun
Designation
Chairman
Cash Payout
Yes
Current Share Capital
34,558,722.82
New Share Capital
24,562,120.2

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED CAPITAL REDUCTION EXERCISE
- APPROVAL BY THE HIGH COURT OF SINGAPORE OF THE PROPOSED CAPITAL REDUCTION AND NOTICE OF RECORD DATE


Please refer to the attachment.

Event Dates

Record Date and Time
06/11/2020 17:00:00
Ex Date
05/11/2020

Disbursement Details

Cash Payment Details
Offer Price
SGD 0.286
Pay Date
17/11/2020
Outstanding Securities Redeemed (%)
28.926423792

Attachments

Related Announcements