REPL::Placements::ISSUE OF A CONVERTIBLE LOAN NOTE
Issuer & Securities
Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
02-Jul-2019 22:51:23
Status
Replacement
Announcement Sub Title
ISSUE OF A CONVERTIBLE LOAN NOTE
Announcement Reference
SG190630OTHR194M
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
ISSUE OF A CONVERTIBLE LOAN NOTE IN THE PRINCIPAL AMOUNT OF S$3.45 MILLION CONVERTIBLE INTO 150,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD AT A CONVERSION PRICE OF S$0.023 PER SHARE
Please refer to the attachment for details.
Additional Details
Capital Amount-Old
SGD 97,254,648
Capital Amount-New
SGD 100,704,648
No. of Existing Outstanding Shares
1,870,441,084
New Shares Issued
150,000,000
Offer Price
SGD 0.023
Attachments
AVT-2019_Convertible_Loan_Note_Announcement_300619_final-repl.pdf
Total size =217K
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