Placements::PROPOSED PLACEMENT OF 103,800,000 NEW ORDINARY SHARES
Issuer & Securities
Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
12-Apr-2017 17:44:42
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 103,800,000 NEW ORDINARY SHARES
Announcement Reference
SG170412OTHRD5VY
Submitted By (Co./ Ind. Name)
DR COLIN CHAN KUM LOK
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
TITLE: PROPOSED PLACEMENT OF 103,800,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES LTD AT A PLACEMENT PRICE OF S$0.039 PER PLACEMENT SHARE
Please refer to the attachment for details.
Additional Details
Capital Amount-Old
SGD 86,113,948
Capital Amount-New
SGD 90,162,148
No. of Existing Outstanding Shares
1,583,141,084
New Shares Issued
103,800,000
Offer Price
SGD 0.039
Attachments
AVT-Announcement_on_Subscription_Agreements_for_Placement_120417.pdf
Total size =264K
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