REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager: SATS LTD.
Security: SATS LTD. - SG1I52882764 - S58

Announcement Details

Announcement Title: Lodgement of Offer Information Statement (OIS)
Date &Time of Broadcast: 02-Mar-2023 18:05:35
Status: Replacement
Corporate Action Reference: SG230222RHDIY43M
Submitted By (Co./ Ind. Name): Low Siew Tian
Designation: Assistant Company Secretary
Event Status: Pending Record Date Processing
Underwritten: Yes
Shareholders' Approval Required?: No
Shareholders' Approval Obtained: No
Foreign Shareholder Eligibility: No

Event Narrative

Narrative Type	Narrative Text
Additional Text	The Company proposes to undertake a renounceable underwritten rights issue of new ordinary shares in the capital of the Company to raise gross proceeds of approximately S$798.8 million.

Dates

Record Date and Time: 02/03/2023 17:00:00
Ex Date: 01/03/2023

Rights Details

Rights Security ISIN: SGXN25531553
Rights Security Name: SATS LTD. R
Security Not Found?: No
Renounceable: Yes
Trading Period From: 07/03/2023
Trading Period To: 15/03/2023
Rights Security Distribution Ratio- Underlying: 1,000
Rights Security Distribution Ratio- Rights Security: 323

Offer Information Statement

Offer Information Statement Lodged?: Yes

Option Exercise

Issue Price (Per Rights): SGD 2.2
Exercise Period: 07/03/2023 TO 21/03/2023

Renounceable Conditions

Allow Over Subscription: Yes

Attachments

Receipt of AIP.pdf

Launch of Rights Issue.pdf

Notice of Record Date.pdf

Press Release.pdf

Lodgement of Offer Information Statement.pdf

Offer Information Statement dated 2 March 2023.pdf

Total size =11708K

Related Announcements

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