REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
RAFFLES EDUCATION CORPORATION LIMITED
Security
RAFFLES EDUCATION CORP LTD - SG2C97968151 - NR7

Announcement Details

Announcement Title
Outcome of Regulatory Review
Date &Time of Broadcast
22-Mar-2018 20:42:16
Status
Replacement
Corporate Action Reference
SG171218RHDIRFWP
Submitted By (Co./ Ind. Name)
Chew Hua Seng
Designation
Chairman
Event Status
Pending AIP/ LQN Announcement
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
30/06/2017
Foreign Shareholder Eligibility
No
Attachment for Intent
REC-Announcement-RightsIssue-Final-18Dec2017.pdf

Regulatory Outcome

Attachment For Regulatory Outcome
REC-Announcement-Receipt-of-AIP-22Mar2018.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 318,585,026 NEW ORDINARY SHARES

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
10
Rights Security Distribution Ratio- Rights Security
3

Option Exercise

Issue Price (Per Rights)
SGD 0.14
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG2C97968151RAFFLES EDUCATION CORP LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

REC-Announcement-RightsIssue-Final-18Dec2017.pdf
REC-Announcement-Receipt-of-AIP-22Mar2018.pdf
Total size =377K

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