REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager: FIRST SPONSOR GROUP LIMITED
Security: FIRST SPONSOR GROUP LIMITED - KYG3488W1078 - ADN

Announcement Details

Announcement Title: Outcome of Regulatory Review
Date &Time of Broadcast: 25-Apr-2019 06:57:22
Status: Replacement
Corporate Action Reference: SG190325RHDIJE7Q
Submitted By (Co./ Ind. Name): Neo Teck Pheng
Designation: Group Chief Executive Officer and Executive Director
Event Status: Pending Record Date Announcement
Underwritten: No
Shareholders' Approval Required?: Yes
Shareholders' Approval Obtained: Yes
Financial Year End: 31/12/2019
Foreign Shareholder Eligibility: No

Event Narrative

Narrative Type	Narrative Text
Additional Text	(1) PROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE OF SERIES 2 PERPETUAL CONVERTIBLE CAPITAL SECURITIES WITH FREE DETACHABLE WARRANTS EXERCISABLE INTO SHARES ; AND (2) PROPOSED BONUS ISSUE OF WARRANTS EXERCISABLE INTO SHARES
Additional Text	NOTES: (1) Please see attached for more information. (2) "Shareholders' Approval required" refers to the reliance on the General Share Issue Mandate to be obtained at the AGM of the Company to be convened on 24 April 2019. The Company will not be seeking specific approval from Shareholders for the Proposed Exercises.

Dates

Record Date and Time: 06/05/2019 17:00:00
Ex Date: 03/05/2019

Rights Details

Security Not Found?: No
Renounceable: Yes
Rights Security Distribution Ratio- Underlying: 7
Rights Security Distribution Ratio- Rights Security: 1

Option Exercise

Issue Price (Per Rights): SGD 1.3

Renounceable Conditions

Allow Over Subscription: Yes

Attachments

FSGL_-_Rights_and_Bonus_Issue_-_Launch_Announcement_New_Structure.pdf

FSGL_-_Rights_Issue_-_Receipt_of_AIP_Announcement.PDF

FSGL_-_Rights_and_Bonus_Issue_-_Notice_of_BCD.pdf

Total size =788K

Related Announcements

Related Announcements: 07/05/2019 17:39:49
03/04/2019 18:00:19
25/03/2019 23:42:03