General Announcement::UPDATES ON THE USE OF PROCEEDS RAISED FROM THE REPS, PLACEMENT SHARES AND RIGHTS ISSUE

Issuer & Securities

Issuer/ Manager
EZION HOLDINGS LIMITED
Securities
EZION HOLDINGS LIMITED - SG1W38939029 - 5ME
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Apr-2017 19:26:58
Status
New
Announcement Sub Title
UPDATES ON THE USE OF PROCEEDS RAISED FROM THE REPS, PLACEMENT SHARES AND RIGHTS ISSUE
Announcement Reference
SG170406OTHRHA1Z
Submitted By (Co./ Ind. Name)
Cheah Boon Pin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
UPDATES ON THE USE OF PROCEEDS RAISED FROM THE (I) ISSUE OF 300 REDEEMABLE EXCHANGEABLE PREFERENCE SHARES ("REPS") IN THE PREFERENCE SHARE CAPITAL OF A WHOLLY-OWNED SUBSIDIARY OF EZION HOLDINGS LIMITED ("EZION"); (II) PLACEMENT OF 100,000,000 NEW ORDINARY SHARES ("PLACEMENT SHARES") IN THE SHARE CAPITAL OF EZION; AND (III) RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE OF 478,576,422 NEW SHARES ("RIGHTS ISSUE") IN THE CAPITAL OF EZION

Please see attached.

Attachments

Ezion_Announcement_060417.pdf
Total size =69K