Placements::Placement of 37,000,000 New Shares - Extension of Time Sought for Completion of Placement
Issuer & Securities
Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
29-Jan-2018 21:56:01
Status
New
Announcement Sub Title
Placement of 37,000,000 New Shares - Extension of Time Sought for Completion of Placement
Announcement Reference
SG180129OTHRT2AB
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.
1. The calculation of the "Capital Amount-Old" and "Capital Amount-New" include the value of 1,626,600 treasury shares held by the Company as at 29 January 2018.
2. The "No. of Existing Outstanding Shares" excludes 1,626,600 treasury shares held by the Company as at 29 January 2018.
For more information, please refer to the announcements relating to placements dated 7 January 2018 and 17 January 2018 released by BRC Asia Limited.
Additional Details
Capital Amount-Old
SGD 74,011,103
Capital Amount-New
SGD 121,001,103
No. of Existing Outstanding Shares
192,335,089
New Shares Issued
37,000,000
Offer Price
SGD 1.27
Attachments
BRC_Placement_Extension of Time for Completion.pdf
Total size =415K
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