REPL::Placements::COMPLETION OF CLN + WARRANTS TO NON-RESTRICTED PERSONS ISSUE AND AIP TO RESTRICTED PERSONS ISSUE

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 28-Jan-2024 12:41:53
Status: Replacement
Announcement Sub Title: COMPLETION OF CLN + WARRANTS TO NON-RESTRICTED PERSONS ISSUE AND AIP TO RESTRICTED PERSONS ISSUE
Announcement Reference: SG240118OTHRDRAR
Submitted By (Co./ Ind. Name): TAN KHAI PANG
Designation: CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below): PROPOSED ISSUE OF CONVERTIBLE LOAN NOTES IN THE AGGREGATE PRINCIPAL AMOUNT OF S$1,241,500 WITH AN AGGREGATE OF 95,500,000 FREE DETACHABLE WARRANTS CONVERTIBLE INTO NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD
- TERMINATION OF SUBSCRIPTION AGREEMENT WITH MR. LEE LOI SING
- COMPLETION OF THE NON-RESTRICTED PERSONS ISSUE
- RECEIPT OF APPROVAL IN-PRINCIPLE FROM THE SGX-ST IN RELATION TO THE RESTRICTED PERSONS ISSUE

Please refer to the attachment for details.

Total size =171K