General Announcement::APPLICATION FOR EXTENSION OF TIME FOR THE VALIDITY OF SGX-ST'S APPROVAL FOR PROPOSED PLACEMENT

Issuer & Securities

Issuer/ Manager
OEL (HOLDINGS) LIMITED
Securities
OEL (HOLDINGS) LIMITED - SG0584008601 - 584
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-May-2020 22:01:41
Status
New
Announcement Sub Title
APPLICATION FOR EXTENSION OF TIME FOR THE VALIDITY OF SGX-ST'S APPROVAL FOR PROPOSED PLACEMENT
Announcement Reference
SG200527OTHR0WZ3
Submitted By (Co./ Ind. Name)
Zhao Xin
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
APPLICATION FOR AN EXTENSION OF TIME FOR THE VALIDITY OF THE SGX-ST'S APPROVAL IN-PRINCIPLE LETTER FOR THE PROPOSED ISSUE AND ALLOTMENT OF: (A) UP TO 29,592,593 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.027 PER PLACEMENT SHARE ("BALANCE SHARES"); AND (B) UP TO 29,592,593 NON-LISTED NON-TRANSFERABLE WARRANTS ("BALANCE WARRANTS") CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE EACH IN THE CAPITAL OF THE COMPANY AT THE EXERCISE PRICE OF S$0.027 PER NEW SHARE

Please see attached.

Attachments

OEL-Placement IPA Extension of Time.pdf
Total size =135K