Placements::Proposed Private Placement of 62,000,000 new Ordinary Shares in the capital of SBI Offshore Limited

Issuer & Securities

Issuer/ Manager
SBI OFFSHORE LIMITED
Securities
SBI OFFSHORE LIMITED - SG1Y97950360 - 5PL
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
23-Sep-2014 16:50:35
Status
New
Announcement Sub Title
Proposed Private Placement of 62,000,000 new Ordinary Shares in the capital of SBI Offshore Limited
Announcement Reference
SG140923OTHRV7OO
Submitted By (Co./ Ind. Name)
Chan Lai Thong
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Please refer to attachment.

Additional Details

Capital Amount-Old
SGD 17,248,627
Capital Amount-New
SGD 33,399,627
No. of Existing Outstanding Shares
187,680,100
New Shares Issued
62,000,000
Offer Price
SGD 0.2605

Attachments

SBI Placement Announcement.Final.pdf
SBI - Press Release-Placement.pdf
Total size =226K