WD::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ANNAIK LIMITED
Security
ANNAIK LIMITED - SG1O45913009 - A52

Announcement Details

Announcement Title
Rights Announcement Withdrawn
Date &Time of Broadcast
30-Jul-2019 17:24:41
Status
Withdraw
Corporate Action Reference
SG181228RHDI9VAX
Submitted By (Co./ Ind. Name)
NG KIM KEANG
Designation
DIRECTOR
Event Status
Pending Record Date Announcement
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/12/2018
Foreign Shareholder Eligibility
No
Attachment for Intent
Right%20Issue%20Announcement%2028122018.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON_UNDERWRITTEN RIGHTS ISSUE UP TO 63,850,725 NEW ORDINARY SHARES IN THE CAPITALOF THE COMPANY.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
4
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.065
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1O45913009ANNAIK LIMITEDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Reason(s) for Withdrawal

Reason(s) for Withdrawal
The withdrawal is made due to a change in the response in a field of the template "Shareholders' Approval Required? "from No to Yes as the Company does not wish to rely on the Share Issue Mandate for the Rights Cum Warrants Issue as announced on 11 Jul 19. There is no change to the announcement content dated 28 Dec18.

Attachments

Related Announcements