REPL::Spin-Off::Mandatory

Issuer & Securities

Issuer/ Manager
MEMSTAR TECHNOLOGY LTD.
Security
MEMSTAR TECHNOLOGY LTD. - SG1W58939412 - 5MS

Announcement Details

Announcement Title
Spin-Off
Date &Time of Broadcast
22-Apr-2014 20:01:53
Status
Replacement
Corporate Action Reference
SG140331SOFFHAJR
Submitted By (Co./ Ind. Name)
LEE SENG SUAN
Designation
COMPANY SECRETARY
Foreign Shareholder Eligibility
No

Event Narrative

Narrative Type
Narrative Text
Additional TextSee attached Odd-Lot Trading and Concessionary Brokerage Fees for Limited Period

See attached Completion of the Proposed Disposal of the Business, Assets and Principal Operating Subsidaries of Memstar Technology Ltd. to United Envirotech Ltd. (announced on 11.04.2014)

See attached Confirmation of Proposed Capital Reduction (announced on 09.04.14)

Disbursement Details

Disbursement Type
Cash & Security
Cash Payment Details
Payment Type
Tax Not Applicable
Gross Rate (Per Share)
SGD 0.02437
Net Rate (Per Share)
SGD 0.02437
Pay Date
21/04/2014
Gross Rate Status
Actual Rate
New Security Details
ISIN
Name
Security Not Found
Distribution Ratio-Underlying
Distribution Ratio-New Security
Security Credit Date
Listing Date
Fractional Disposition Method
Rounding Threshold
SG1P29918163UNITED ENVIROTECH LTDNo10007522/04/2014Round down fraction to last full unit

Attachments

Related Announcements