REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
SINGAPORE EDEVELOPMENT LIMITED
Security
SINGAPORE EDEVELOPMENT LTD - SG1AE2000006 - 40V

Announcement Details

Announcement Title
Listing and Quotation
Date &Time of Broadcast
24-Oct-2016 07:21:57
Status
Replacement
Corporate Action Reference
SG160629RHDIWQ39
Submitted By (Co./ Ind. Name)
Chan Heng Fai
Designation
Executive Director and Chief Executive Officer
Event Status
Pending Listing Announcement
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
Yes
Foreign Shareholder Eligibility
No
Attachment for Intent
SeD-Ann-RightscumWarrants2016.pdf

Event Narrative

Narrative Type
Narrative Text
Additional Text(A) PROPOSED ISSUE OF AN AGGREGATE OF UP TO 983,330,850 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY, COMPRISING THE RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 163,888,475 RIGHTS SHARES AT AN ISSUE PRICE OF S$0.04 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARE
Additional TextIN THE CAPITAL OF THE COMPANY HELD BY SHAREHOLDERS OF THE COMPANY AS AT A BOOKS CLOSURE DATE TO BE DETERMINED, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED, AND THE ISSUE OF UP TO 819,442,375 FREE DETACHABLE WARRANTS CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE AT AN EXERCISE PRICE OF S$0.04 FOR EACH EXERCISED SHARE,
Additional TextON THE BASIS OF FIVE (5) WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR; AND

(B) PROPOSED REDUCTION OF THE SHARE CAPITAL OF THE COMPANY

Dates

Record Date and Time
27/09/2016 17:00:00
Ex Date
23/09/2016

Rights Details

Rights Security ISIN
SG1DB8000000
Rights Security Name
SINGAPORE EDEVELOPMENT LTD R
Security Not Found?
No
Renounceable
Yes
Trading Period From
30/09/2016
Trading Period To
10/10/2016
Rights Security Distribution Ratio- Underlying
3
Rights Security Distribution Ratio- Rights Security
1
Attachment for Listing
SeD-Ann-RightsIssue-Allotment.pdf

Option Exercise

Issue Price (Per Rights)
SGD 0.04
Exercise Period
30/09/2016 TO 14/10/2016
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
Listing And Quotation Qty
Listing Date
SG1AE2000006SINGAPORE EDEVELOPMENT LTDOrdinary Share11139098617

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements