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 Text
PROPOSED 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
Announcement_High_Court_approval_and_BCD.pdf
Total size =109K
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