Placements::Proposed Placement of 1,500,000 New Ordinary Shares in the Capital of the Company

Issuer & Securities

Issuer/ Manager
DARCO WATER TECHNOLOGIES LIMITED
Securities
DARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
15-Nov-2017 20:06:58
Status
New
Announcement Sub Title
Proposed Placement of 1,500,000 New Ordinary Shares in the Capital of the Company
Announcement Reference
SG171115OTHR85JF
Submitted By (Co./ Ind. Name)
Thye Kim Meng
Designation
Chairman, Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

The Capital Amount - Old, Capital Amount - New, and the Number of Existing Outstanding Shares are computed based on the assumption that the Proposed Placement of 3,500,000 New Ordinary Shares in the Capital of the Company as announced on Monday, 13 November 2017, at 19:45:05, has been completed.

Additional Details

Capital Amount-Old
SGD 60,992,648.426
Capital Amount-New
SGD 61,892,648.426
No. of Existing Outstanding Shares
60,826,601
New Shares Issued
1,500,000
Offer Price
SGD 0.6

Attachments

Darco - Proposed Placement of 1500000 New Ordinary Shares in the Capital of the Company.pdf
Total size =204K