REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
FIRST SPONSOR GROUP LIMITED
Security
FIRST SPONSOR GROUP LIMITED - KYG3488W1078 - ADN

Announcement Details

Announcement Title
Lodgement of Offer Information Statement (OIS)
Date &Time of Broadcast
07-May-2019 17:39:49
Status
Replacement
Corporate Action Reference
SG190325RHDIJE7Q
Submitted By (Co./ Ind. Name)
Neo Teck Pheng
Designation
Group Chief Executive Officer and Executive Director
Event Status
Pending Record Date Processing
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
Yes
Financial Year End
31/12/2019
Foreign Shareholder Eligibility
No
Attachment for Intent
FSGL_-_Rights_and_Bonus_Issue_-_Launch_Announcement_New_Structure.pdf

Event Narrative

Narrative Type
Narrative Text
Additional Text(1) PROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE OF SERIES 2 PERPETUAL CONVERTIBLE CAPITAL SECURITIES WITH FREE DETACHABLE WARRANTS EXERCISABLE INTO SHARES
; AND
(2) PROPOSED BONUS ISSUE OF WARRANTS EXERCISABLE INTO SHARES
Additional TextNOTES:
(1) Please see attached for more information.
(2) "Shareholders' Approval required" refers to the reliance on the General Share Issue Mandate to be obtained at the AGM of the Company to be convened on 24 April 2019. The Company will not be seeking specific approval from Shareholders for the Proposed Exercises.

Dates

Record Date and Time
06/05/2019 17:00:00
Ex Date
03/05/2019

Rights Details

Rights Security ISIN
KYG3488W1318
Rights Security Name
FIRST SPONSOR GROUP LTD R
Security Not Found?
No
Renounceable
Yes
Trading Period From
09/05/2019
Trading Period To
17/05/2019
Rights Security Distribution Ratio- Underlying
7
Rights Security Distribution Ratio- Rights Security
1

Offer Information Statement

Offer Information Statement Lodged?
Yes
Attachment for OIS
FSGL%20-%20Lodgement%20and%20Despatch%20of%20OIS%20-%2007.05.2019.pdf
FSGL%20-%20OIS%20-%2007.05.2019.pdf

Option Exercise

Issue Price (Per Rights)
SGD 1.3
Exercise Period
09/05/2019 TO 24/05/2019

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements