Placements::Proposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Company

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
04-Apr-2017 21:16:10
Status
New
Announcement Sub Title
Proposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Company
Announcement Reference
SG170404OTHROU3A
Submitted By (Co./ Ind. Name)
Thye Kim Meng
Designation
Chairman, Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Proposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Darco Water Technologies Limited

- Receipt of In-Principle Approval from SGX-ST

Please refer to the attached.

Additional Details

Capital Amount-Old
SGD 55,892,648.426
Capital Amount-New
SGD 58,892,648.426
No. of Existing Outstanding Shares
52,326,601
New Shares Issued
5,000,000
Offer Price
SGD 0.6

Attachments

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07/04/2017 18:21:18