Placements::RECEIPT OF THE LISTING AND QUOTATION NOTICE FROM THE SGX-ST - PROPOSED PLACEMENT

Issuer & Securities

Issuer/ Manager
OEL (HOLDINGS) LIMITED
Securities
OEL (HOLDINGS) LIMITED - SG0584008601 - 584
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
29-Apr-2020 22:00:26
Status
New
Announcement Sub Title
RECEIPT OF THE LISTING AND QUOTATION NOTICE FROM THE SGX-ST - PROPOSED PLACEMENT
Announcement Reference
SG200429OTHREW9L
Submitted By (Co./ Ind. Name)
Zhao Xin
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
THE PROPOSED ISSUE AND ALLOTMENT OF:

(A) UP TO 142,999,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.027 PER PLACEMENT SHARE; AND

(B) UP TO 142,999,000 NON-LISTED NON-TRANSFERABLE WARRANTS CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE EACH IN THE CAPITAL OF THE COMPANY AT THE EXERCISE PRICE OF S$0.027 PER NEW SHARE

- RECEIPT OF THE LISTING AND QUOTATION NOTICE FROM THE SGX-ST


Please see attached.

Additional Details

Capital Amount-Old
SGD 38,530,532.26
Capital Amount-New
SGD 42,391,505
No. of Existing Outstanding Shares
668,266,667
New Shares Issued
142,999,000
Offer Price
SGD 0.027

Attachments

OEL-Annc-Placement-Receipt%20of%20AIP.pdf
Total size =141K