Placements::PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 3,995,314 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
MMP RESOURCES LIMITED
Securities
MMP RESOURCES LIMITED - SG1W93940508 - F3V
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
13-Sep-2017 07:52:21
Status
New
Announcement Sub Title
PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 & PROPOSED PLACEMENT OF 3,995,314 NEW ORDINARY SHARES
Announcement Reference
SG170913OTHR8HNP
Submitted By (Co./ Ind. Name)
Chong Chee Meng Gerard
Designation
Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
PROPOSED ISSUE OF CONVERTIBLE BONDS DUE 2021 FOR AN AGGREGATE PRINCIPAL AMOUNT OF UP TO S$50,000 ("THE PROPOSED BONDS SUBSCRIPTION") AND PROPOSED PLACEMENT OF 3,995,314 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.0054 PER SHARE ("THE PROPOSED PLACEMENT")

Please refer to the file attached.

Additional Details

Capital Amount-Old
SGD 137,724,537.05
Capital Amount-New
SGD 137,746,111.74
No. of Existing Outstanding Shares
2,343,527,950
New Shares Issued
3,995,314
Offer Price
SGD 0.0054

Attachments

MMP_Annt_Placement and Bond Subscription_13Sept17.pdf
Total size =320K