Placements::SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED

Issuer & Securities

Issuer/ Manager
GAYLIN HOLDINGS LIMITED
Securities
GAYLIN HOLDINGS LIMITED - SG2F28986253 - RF7
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
13-Mar-2018 22:00:14
Status
New
Announcement Sub Title
SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED
Announcement Reference
SG180313OTHRR5CT
Submitted By (Co./ Ind. Name)
Sharon Yeoh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED
- COMPLETION OF THE SHARE PLACEMENT
- DEBT RESTRUCTURINGS
- CHANGE IN USE OF PROCEEDS
- APPOINTMENT OF NEW EXECUTIVE OFFICERS
- RE-APPOINTMENT OF MR. DESMOND TEO BEE CHIONG AS ADVISOR TO THE EXECUTIVE CHAIRMAN

PRESS RELEASE

Please see attached files.

Additional Details

Capital Amount-Old
SGD 52,563,000
Capital Amount-New
SGD 120,563,000
No. of Existing Outstanding Shares
438,000,000
New Shares Issued
1,360,000,000
Offer Price
SGD 0.05

Attachments