Placements::PROPOSED SUBSCRIPTION OF 56,551,724 NEW SHARES - RECEIPT OF APPROVAL IN-PRINCIPLE FROM THE SGX-ST

Issuer & Securities

Issuer/ Manager
CHALLENGER TECHNOLOGIES LIMITED
Securities
CHALLENGER TECHNOLOGIES LTD - SG1O97915910 - 573
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
21-Oct-2021 21:55:54
Status
New
Announcement Sub Title
PROPOSED SUBSCRIPTION OF 56,551,724 NEW SHARES - RECEIPT OF APPROVAL IN-PRINCIPLE FROM THE SGX-ST
Announcement Reference
SG211021OTHRDHIL
Submitted By (Co./ Ind. Name)
Chia Foon Yeow
Designation
Company Secretary
Effective Date and Time of the event
21/10/2021 18:00:00
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

Additional Details

Capital Amount-Old
SGD 18,800,000
Capital Amount-New
SGD 51,600,000
No. of Existing Outstanding Shares
345,207,961
New Shares Issued
56,551,724
Offer Price
SGD 0.58

Attachments