Placements::PROPOSED PLACEMENT OF NEW ORDINARY SHARES IN THE CAPITAL OF SWING MEDIA TECHNOLOGY GROUP LIMITED

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 13-May-2016 17:39:21
Status: New
Announcement Sub Title: PROPOSED PLACEMENT OF NEW ORDINARY SHARES IN THE CAPITAL OF SWING MEDIA TECHNOLOGY GROUP LIMITED
Announcement Reference: SG160513OTHRSE1O
Submitted By (Co./ Ind. Name): Johnny Chan Hon Chung
Designation: Director / Company Secretary
Description (Please provide a detailed description of the event in the box below): The Board of Directors of Swing Media Technology Group Limited refers to the announcement made on 22 April 2016 regarding the proposed placement of ordinary shares in the capital of the Company. The Board wishes to clarify that 581,086 Placement Shares will be issued to Sino Charm International Ltd at the Placement Price. Please refer to the attached announcement.

Total size =59K