General Announcement::PROPOSED ISSUE OF 1% UNSECURED EQUITY LINKED REDEEMABLE STRUCTURED CONVERTIBLE NOTES

Issuer & Securities

Issuer/ Manager
ASIASONS CAPITAL LIMITED
Securities
ASIASONS CAPITAL LIMITED - SG1P94920060 - 5ET
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Apr-2015 20:11:43
Status
New
Announcement Sub Title
PROPOSED ISSUE OF 1% UNSECURED EQUITY LINKED REDEEMABLE STRUCTURED CONVERTIBLE NOTES
Announcement Reference
SG150406OTHRO6U0
Submitted By (Co./ Ind. Name)
ASIASONS CAPITAL LIMITED
Designation
JOINT COMPANY SECRETARY
Effective Date and Time of the event
06/04/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Asiasons Capital Limited wishes to announce that the Company has on 6 April 2015 entered into a non-legally binding term sheet with Advance Capital Partners Asset Management Private Limited in connection with the issuance by the Company to Advance Opportunities Fund of 1% unsecured equity linked redeemable structured convertible notes due 2018 with an aggregate principal amount of up to S$25,000,000 in three tranches.

Please refer to the attached file for its details.

Attachments

ACL-Term%20Sheet.pdf
Total size =83K