Placements::Placement of up to 10,000,000 New Ordinary Shares at S$1.42 each

Issuer & Securities

Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
18-Jan-2021 18:25:34
Status
New
Announcement Sub Title
Placement of up to 10,000,000 New Ordinary Shares at S$1.42 each
Announcement Reference
SG210118OTHRNJGT
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

The calculation of the "Capital Amount-Old" and "Capital Amount-New" include the value of 1,626,600 treasury shares held by the Company as at 18 January 2021.

The "No. of Existing Outstanding Shares" excludes 1,626,600 treasury shares held by the Company as at 18 January 2021.

Additional Details

Capital Amount-Old
SGD 125,001,102.95
Capital Amount-New
SGD 138,723,502.95
No. of Existing Outstanding Shares
233,335,089
New Shares Issued
10,000,000
Offer Price
SGD 1.42

Attachments