Placements::Receipt of Listing and Quotation Notice of the Placement Shares

Issuer & Securities

Issuer/ Manager
MIYOSHI LIMITED
Securities
MIYOSHI LIMITED - SG1J04885492 - M03
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
13-Jun-2017 17:26:52
Status
New
Announcement Sub Title
Receipt of Listing and Quotation Notice of the Placement Shares
Announcement Reference
SG170613OTHRET7A
Submitted By (Co./ Ind. Name)
Khoo Teck Soon
Designation
CFO
Description (Please provide a detailed description of the event in the box below)
1. INTRODUCTION

The Board of Directors (the Board) of Miyoshi Limited (the Company, and together with its subsidiaries, the Group) refers to the announcement of the Company dated 31 May 2017 in relation to the issuance of Placement Shares pursuant to a Placement Agreement entered into with CIMB Securities (Singapore) Pte. Ltd. as the placement agent on 31 May 2017 (the Earlier Announcement).

Capitalised terms not defined herein shall bear the same meaning ascribed to them in the Earlier Announcement.

2. LISTING AND QUOTATION NOTICE

Further to the Earlier Announcement, the Board is pleased to announce that the Company has, on 13 June 2017, received the listing and quotation notice from the SGX-ST for the listing and quotation of the Placement Shares on the Catalist, subject to compliance with the SGX-ST listing requirements (the Listing and Quotation Notice).

The Placement Shares have to be placed out within seven (7) market days from the date of the Listing and Quotation Notice.

The Listing and Quotation Notice is not to be taken as an indication of the merits of the proposed Placement, the Placement Shares, the Company, its subsidiaries and their securities.

The Company will make necessary announcement(s) on the Placement Shares as appropriate or when there are further developments on the same.


By the Order of the Board

Sin Kwong Wah, Andrew
Executive Director and CEO

13 June 2017


This document has been prepared by the Company and its contents have been reviewed by the Company sponsor, CIMB Bank Berhad, Singapore Branch (Sponsor), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this document.

The document has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this document including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Ken Lee, Associate Director, Investment Banking. The contact particulars are 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.

Additional Details

Capital Amount-Old
SGD 39,309,000
Capital Amount-New
SGD 42,259,000
No. of Existing Outstanding Shares
449,029,490
New Shares Issued
45,000,000
Offer Price
SGD 0.068

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