REPL::Placements::Proposed Subscription of Additional New Shares including Additional Investments by Investors
Issuer & Securities
Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
01-Jul-2024 04:32:47
Status
Replacement
Announcement Sub Title
Proposed Subscription of Additional New Shares including Additional Investments by Investors
Announcement Reference
SG240625OTHR5P9D
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
IMPORTANT NOTE - This announcement is to replace, in its entirety, the announcement on additional capital funding (Placement Announcement) first issued by the Company on 25 June 2024. To this end, the Placement Announcement has been updated to note and clarify that the total number of new shares to be issued and allotted as indicated in various parts of the Placement Announcement would include the number of new shares to be issued for the upsized investments of certain investors from the initial round of placements as named therein. A redline version of the Placement Announcement (without copies of the Omnibus Announcement 1 and Omnibus Announcement 2 appended) showing the changes made is also included and attached for easy review.
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Please find attached the Company's announcement in relation to:
(1) Proposed subscription of an additional 7,400,000,002 new ordinary shares at the issue price of $0.0015 per share constituting additional capital funding; and
(2) Proposed upsizing of investments by certain investors in the previous placements announced on 6 June 2024, namely Mezzanine Pte. Ltd, Light Beijing Technology Pte Ltd, Azure All-Star Fund Pte. Ltd., Mr Wong Yew Chian Terence and Mr Koh Chuan Koon.
Please refer to the attached for details. Note: The number of New Shares to be issued and as stated below refers only to the New Shares that are listed at page 3 of the announcement.
Total subscription price converted from SGD to USD based on the exchange rate of 1.3549, as per the exchange rate by the Monetary Authority of Singapore as at 24 June 2024.
Additional Details
Capital Amount-Old
USD 591,721,000
Capital Amount-New
USD 608,187,160
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
14,873,333,335
Offer Price
SGD 0.0015
Attachments
2. JIL - Placement Announcement Updated 30June2024.pdf
2a. JIL - Placement Announcement Updated 30June2024_Redlined.pdf
Total size =6163K
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25/06/2024 07:59:49