Placements::PROPOSED PLACEMENT OF 490,000,000 NEW ORDINARY SHARES
Issuer & Securities
Issuer/ Manager
MEMSTAR TECHNOLOGY LTD.
Securities
MEMSTAR TECHNOLOGY LTD. - SG1W58939412 - 5MS
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
22-Dec-2014 11:50:43
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 490,000,000 NEW ORDINARY SHARES
Announcement Reference
SG141222OTHRJA4A
Submitted By (Co./ Ind. Name)
YEO HUI LIAN
Designation
GROUP FINANCIAL CONTROLLER
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 490,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF MEMSTAR TECHNOLOGY LTD AT A SUBSCRIPTION PRICE OF S$0.0136 PER SHARE (SEE ATTACHED)
Additional Details
Capital Amount-Old
SGD 220,219
Capital Amount-New
SGD 6,884,219
No. of Existing Outstanding Shares
2,667,407,337
New Shares Issued
490,000,000
Offer Price
SGD 0.0136
Attachments
Memstar-Placement.pdf
Total size =144K
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