REPL::Placements::SUPPLEMENTAL TO SUBSCRIPTION AGREEMENTS FOR 107,373,400 NEW ORDINARY SHARES AND 83,857,442 CLN
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
14-Aug-2020 19:49:56
Status
Replacement
Announcement Sub Title
SUPPLEMENTAL TO SUBSCRIPTION AGREEMENTS FOR 107,373,400 NEW ORDINARY SHARES AND 83,857,442 CLN
Announcement Reference
SG200805OTHRTVCP
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)
SUPPLEMENTAL AGREEMENTS TO
- THE SUBSCRIPTION AGREEMENT FOR THE ALLOTMENT AND ISSUE OF A TOTAL OF 111,373,400 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY
- THE SUBSCRIPTION AGREEMENT FOR THE ISSUE OF A CONVERTIBLE LOAN NOTE IN THE PRINCIPAL AMOUNT OF S$2.0 MILLION CONVERTIBLE INTO 83,857,442 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY
Please refer to the attachment for details.
Additional Details
Capital Amount-Old
SGD 97,254,648
Capital Amount-New
SGD 99,825,167
No. of Existing Outstanding Shares
1,870,441,048
New Shares Issued
107,373,400
Offer Price
SGD 0.02394
Attachments
AVT-Placement-Announcement_5Aug20.pdf
AVT-Supplemental_Agreement_Announcement_14Aug20.pdf
Total size =1425K
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