Rights::Voluntary

Issuer & Securities

Issuer/ Manager: FIRST SPONSOR GROUP LIMITED
Security: FIRST SPONSOR GROUP LIMITED - KYG3488W1078 - ADN

Announcement Details

Announcement Title: Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast: 25-Mar-2019 23:42:03
Status: New
Corporate Action Reference: SG190325RHDIJE7Q
Submitted By (Co./ Ind. Name): Neo Teck Pheng
Designation: Group Chief Executive Officer and Executive Director
Underwritten: No
Shareholders' Approval Required?: Yes
Shareholders' Approval Obtained: No
Financial Year End: 31/12/2019
Foreign Shareholder Eligibility: No

Event Narrative

Narrative Type	Narrative Text
Additional Text	(1) PROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE OF SERIES 2 PERPETUAL CONVERTIBLE CAPITAL SECURITIES WITH FREE DETACHABLE WARRANTS EXERCISABLE INTO SHARES ; AND (2) PROPOSED BONUS ISSUE OF WARRANTS EXERCISABLE INTO SHARES
Additional Text	NOTES: (1) Please see attached for more information. (2) "Shareholders' Approval required" refers to the reliance on the General Share Issue Mandate to be obtained at the AGM of the Company to be convened on 24 April 2019. The Company will not be seeking specific approval from Shareholders for the Proposed Exercises.

Dates

Rights Details

Security Not Found?: No
Renounceable: Yes
Rights Security Distribution Ratio- Underlying: 7
Rights Security Distribution Ratio- Rights Security: 1

Option Exercise

Issue Price (Per Rights): SGD 1.3

Renounceable Conditions

Allow Over Subscription: Yes

Attachments

FSGL_-_Rights_and_Bonus_Issue_-_Launch_Announcement_New_Structure.pdf

Total size =506K

Related Announcements

Related Announcements: 07/05/2019 17:39:49
25/04/2019 06:57:22
03/04/2019 18:00:19