REPL::Placements::PROPOSED ISSUANCE OF 15 MILLION NEW SHARES BY PRIVATE PLACEMENT - COMPLETION
Issuer & Securities
Issuer/ Manager
EXCELPOINT TECHNOLOGY LTD.
Securities
EXCELPOINT TECHNOLOGY LTD - SG1BF4000009 - BDF
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
05-Oct-2016 18:07:56
Status
Replacement
Announcement Sub Title
PROPOSED ISSUANCE OF 15 MILLION NEW SHARES BY PRIVATE PLACEMENT - COMPLETION
Announcement Reference
SG160929OTHRKFQ3
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
PROPOSED ISSUANCE OF 15,000,000 NEW SHARES TO ALONIM INVESTMENTS INC. BY WAY OF PRIVATE PLACEMENT - COMPLETION
Please see attached.
With reference to SGX Announcement released on 2 September 2016 (Reference: SG 160902OTHRSN9T).
Additional Details
Capital Amount-Old
SGD 52,730,185
Capital Amount-New
SGD 60,605,185
No. of Existing Outstanding Shares
102,483,440
New Shares Issued
15,000,000
Offer Price
SGD 0.525
Attachments
ETL_Completion_of_Placement_Announcement.pdf
Total size =90K
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