Placements::COMPLETION PLACEMENT OF NEW ORDINARY SHARES IN THE CAPITAL OF SWING MEDIA TECHNOLOGY GROUP LIMITED

Issuer & Securities

Issuer/ Manager
SWING MEDIA TECHNOLOGY GRP LTD
Securities
SWING MEDIA TECHNOLOGY GRP LTD - BMG8609Q2775 - BEV
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
01-Jun-2016 19:22:52
Status
New
Announcement Sub Title
COMPLETION PLACEMENT OF NEW ORDINARY SHARES IN THE CAPITAL OF SWING MEDIA TECHNOLOGY GROUP LIMITED
Announcement Reference
SG160601OTHR6B9W
Submitted By (Co./ Ind. Name)
Johnny Chan Hon Chung
Designation
Director / Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of Swing Media Technology Group Limited (the Company ) refers to the announcements made on 22 April 2016, 13 May 2016 and 25 May 2016 (the Announcements ) regarding the Placement. Please refer to the attachment on the completion.

Additional Details

Capital Amount-Old
HKD 57,395,000
Capital Amount-New
HKD 67,107,000
No. of Existing Outstanding Shares
36,827,886
New Shares Issued
6,241,460
Offer Price
SGD 0.533

Attachments

Swing_Placement_Completion..pdf
Total size =71K