Placements::PROPOSED SUBSCRIPTION AND PROPOSED CONVERTIBLE LOAN

Issuer & Securities

Issuer/ Manager
VIBROPOWER CORPORATION LIMITED
Securities
VIBROPOWER CORPORATION LIMITED - SG1CA3000009 - BJD
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
26-Sep-2016 19:08:02
Status
New
Announcement Sub Title
PROPOSED SUBSCRIPTION AND PROPOSED CONVERTIBLE LOAN
Announcement Reference
SG160926OTHRLVWQ
Submitted By (Co./ Ind. Name)
Mr. Benedict Chen Onn Meng
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
(1) PROPOSED SUBSCRIPTION OF 2,500,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF VIBROPOWER CORPORATION LIMITED (THE "COMPANY")
(2) PROPOSED CONVERTIBLE LOAN OF AGGREGATE PRINCIPAL AMOUNT OF S$1,000,000 CONVERTIBLE INTO NEW ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY

Additional Details

Capital Amount-Old
SGD 15,074,904.862
Capital Amount-New
SGD 15,674,904.862
No. of Existing Outstanding Shares
33,450,856
New Shares Issued
2,500,000
Offer Price
SGD 0.24

Attachments

VibroPower Corporation Limited - Proposed Subscription and Proposed Convertible Loan.pdf
Total size =128K