Placements::Proposed Placement of 1,310,000,000 New Ordinary Shares - Receipt of LQN

Issuer & Securities

Issuer/ Manager
MAGNUS ENERGY GROUP LTD.
Securities
MAGNUS ENERGY GROUP LTD. - SG1AI2000007 - 41S
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
29-Mar-2018 23:22:49
Status
New
Announcement Sub Title
Proposed Placement of 1,310,000,000 New Ordinary Shares - Receipt of LQN
Announcement Reference
SG180329OTHRAENK
Submitted By (Co./ Ind. Name)
LUKE HO KHEE YONG
Designation
CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

Additional Details

Capital Amount-Old
SGD 147,610,865
Capital Amount-New
SGD 148,789,865
No. of Existing Outstanding Shares
11,322,507,107
New Shares Issued
1,310,000,000
Offer Price
SGD 0.0009

Attachments

Ann%20-%20Magnus-receipt_of_LNQ_29032018_FINAL.pdf
Total size =361K