REPL::Placements::Supplemental Agreement - Revised Terms - Proposed Subscription of 811,111,111 New Ordinary Shares

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
04-May-2021 23:30:57
Status
Replacement
Announcement Sub Title
Supplemental Agreement - Revised Terms - Proposed Subscription of 811,111,111 New Ordinary Shares
Announcement Reference
SG210422OTHR58JM
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached announcement on the revision of certain terms of the Proposed Subscription of 811,111,111 new ordinary shares of the Company. In particular, please note the revision to the issue price from S$0.0027 per share to S$0.0036 per share, the increase in gross proceeds from S$2,190,000 to S$2,920,000 and the resultant change to the new capital amount upon the completion of the Proposed Subscription.

This announcement should be read in conjunction with the previous announcements released by the Company on 20 February 2021, 25 February 2021 and 22 April 2021.

Additional Details

Capital Amount-Old
SGD 591,721,000
Capital Amount-New
SGD 594,641,000
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
811,111,111
Offer Price
SGD 0.0036

Attachments

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22/04/2021 21:01:01