Placements::(1) Issuance and Transfer of Shares (2) Memorandum of Understanding

Issuer & Securities

Issuer/ Manager
SINGAPORE POST LIMITED
Securities
SINGAPORE POST LIMITED - SG1N89910219 - S08

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
28-May-2014 15:09:41
Status
New
Announcement Sub Title
(1) Issuance and Transfer of Shares (2) Memorandum of Understanding
Announcement Reference
SG140528OTHRTF4P
Submitted By (Co./ Ind. Name)
Winston Paul Wong Chi Huang
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

1. The calculation of the "Capital Amount-Old" and "Capital Amount-New" exclude the value of 33,312,000 treasury shares held by the Company as of to-date.

2. The "No. of Existing Outstanding Shares" excludes 33,312,000 treasury shares held by the Company as of to-date.

3. Out of the 33,312,000 treasury shares held by the Company to-date, 30,000,000 treasury shares are to be transferred to the Investor on completion under the Investment Agreement attached herein.

Additional Details

Capital Amount-Old
SGD 90,995,716.94
Capital Amount-New
SGD 360,932,036.94
No. of Existing Outstanding Shares
1905973618
New Shares Issued
190096000
Offer Price
SGD 1.42

Attachments