REPL::Placements::UPDATE - Issue of S$1,200,000 Convertible Loan Note convertible into 380,952,381 ordinary shares

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 26-Aug-2021 22:41:16
Status: Replacement
Announcement Sub Title: UPDATE - Issue of S$1,200,000 Convertible Loan Note convertible into 380,952,381 ordinary shares
Announcement Reference: SG210816OTHR8W7E
Submitted By (Co./ Ind. Name): Ng Joo Khin
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Please see attached the Company's announcement on the proposed issue of the Convertible Loan Note in Principal Amount of S$1,200,000 convertible into 380,952,381 new ordinary shares at S$0.00315 per share.

Note: The details below with respect to the old and new capital amount as well as the number of existing outstanding shares do not take into account the proposed subscription of 811,111,111 new ordinary shares by Riau Capital Resources Pte. Ltd.

UPDATE 1:

Please see attached an update announcement on the proposed issue of the Convertible Loan Note - S$800,000 made available to the Company pursuant to the terms of the Convertible Loan Note Agreement dated 15 August 2021.

Total size =319K