Placements::ISSUE AND ALLOTMENT OF 20,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
12-Aug-2022 18:32:06
Status
New
Announcement Sub Title
ISSUE AND ALLOTMENT OF 20,000,000 NEW ORDINARY SHARES
Announcement Reference
SG220812OTHRXNIB
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
ISSUE AND ALLOTMENT OF 20,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.0127 PER CKK OPTIONAL SUBSCRIPTION SHARE TO CKK PURSUANT TO THE EXERCISE OF THE REMAINING CKK OPTIONAL SUBSCRIPTION RIGHT

IN RELATION TO ANNOUNCEMENT REFERENCE SG211205OTHRL5JW

Please refer to the attachment for details.

Additional Details

Capital Amount-Old
SGD 118,521,161
Capital Amount-New
SGD 118,775,161
No. of Existing Outstanding Shares
3,222,031,975
New Shares Issued
20,000,000
Offer Price
SGD 0.0127

Attachments

AVT - Exercise of Remaining CKK Optional Subscription Right Announcement_120822.pdf
Total size =95K