General Announcement::Receipt of SGX In Principle Approval

Issuer & Securities

Issuer/ Manager
OEL (HOLDINGS) LIMITED
Securities
OEL (HOLDINGS) LIMITED - SG0584008601 - 584
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Jul-2015 20:42:15
Status
New
Announcement Sub Title
Receipt of SGX In Principle Approval
Announcement Reference
SG150724OTHRVHFH
Submitted By (Co./ Ind. Name)
Yeo Poh Noi Caroline
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
(1) PROPOSED ISSUE OF UP TO S$40 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF REDEEMABLE ZERO COUPON CONVERTIBLE BONDS CONSISTING OF: (A) AN INITIAL TRANCHE OF S$2 MILLION; AND (B) 19 SEPARATE SUCCESSIVE TRANCHES OF SUBSEQUENT BONDS, EACH HAVING A PRINCIPAL AMOUNT OF S$2 MILLION TO PACIFIC ALLIANCE ASIA OPPORTUNITY FUND L.P. AND/OR ITS AFFILIATES
- RECEIPT OF IN PRINCIPLE APPROVAL FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

(2) PROPOSED ACQUISITION OF 51% OF THE SHARES IN ALLIED RESOURCES LIMITED - RECEIPT OF IN PRINCIPLE APPROVAL FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

- Please see attached.

Attachments

OEL - Receipt of AIP on Redeemable Zero Coupon Convertible Bonds.pdf
OEL - Receipt of AIP on Allied Resources Limited.pdf
Total size =449K