WD::Share Consolidation::Mandatory

Issuer & Securities

Issuer/ Manager
GLOBAL INVESTMENTS LIMITED
Security
GLOBAL INVESTMENTS LIMITED - BMG3931N1002 - B73

Announcement Details

Announcement Title
Share Consolidation
Date &Time of Broadcast
21-Sep-2015 18:34:26
Status
Withdraw
Corporate Action Reference
SG150806SPLRDLSI
Submitted By (Co./ Ind. Name)
See Yong Kiat
Designation
Managing Director of the Manager

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease refer to the attached.
Additional TextPlease refer to the attached.
Additional TextPlease refer to the attached.

Disbursement Details

Existing Security Details
New Security Details
Security not found
Yes
Distribution Ratio (New: Old)
1:2

Reason(s) for Withdrawal

Reason(s) for Withdrawal
The Company has received confirmation from the SGX that the MTP requirement is not applicable to the Company as it is an investment fund on 18 September 2015. In view of this, the Company has decided not to proceed with the Proposed Share Consolidation and the proposed amendments to the bye-laws of the Company.

Attachments

Related Announcements