Placements::COMPLETION OF PLACEMENT OF 19,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
NUTRYFARM INTERNATIONAL LIMITED
Securities
NUTRYFARM INTERNATIONAL LTD - BMG6700D1048 - AZT
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
17-Nov-2020 18:46:58
Status
New
Announcement Sub Title
COMPLETION OF PLACEMENT OF 19,000,000 NEW ORDINARY SHARES
Announcement Reference
SG201117OTHRRL48
Submitted By (Co./ Ind. Name)
LUK CHUNG PO, TERENCE
Designation
CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR
Description (Please provide a detailed description of the event in the box below)
COMPLETION OF THE PLACEMENT (THE "PLACEMENT") OF AN AGGREGATE OF 19,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "PLACEMENT SHARES") TO BE ISSUED AT S$0.04 PER PLACEMENT SHARE (THE "PLACEMENT PRICE") TO PLACEES ("PLACEES") PURSUANT TO THE PLACEMENT AGREEMENTS ENTERED INTO BETWEEN THE COMPANY AND EACH OF CHENG MENG AND ALEX LOO LIAT WAH DATED 21 SEPTEMBER 2020 (THE "PLACEMENT AGREEMENTS").

PLEASE SEE ATTACHED.

Additional Details

Capital Amount-Old
HKD 9,642,000
Capital Amount-New
HKD 11,542,000
No. of Existing Outstanding Shares
96,422,103
New Shares Issued
19,000,000
Offer Price
SGD 0.04

Attachments

Ann on Completion of Placement-17Nov2020-Final.pdf
Total size =16K