Rights::Voluntary

Issuer & Securities

Issuer/ Manager
RAMBA ENERGY LIMITED
Security
RAMBA ENERGY LIMITED - SG1P35918371 - R14

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
19-May-2016 22:20:19
Status
New
Corporate Action Reference
SG160519RHDIWPDY
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2016
Foreign Shareholder Eligibility
No
Attachment for Intent
RAMBA ENERGY LIMITED - Announcement - Proposed Renounceable Non-underwritten Rights cum Warrants Issue_19052016.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease refer to the attachment.

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
5
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.2
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1P35918371RAMBA ENERGY LIMITEDOrdinary Share11

Renounceable Conditions

Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextEntitled Shareholders will be at liberty to accept, decline or otherwise renounce or trade their provisional allotments of the Rights Shares with Warrants and will be eligible to apply for additional Rights Shares with Warrants in excess of their provisional allotments under the Rights cum Warrants Issue.
Additional TextAny entitlements to the Rights Shares and the Warrants not taken up for any reason will be aggregated and allotted to satisfy excess applications or disposed of in such manner as the Directors may, in their absolute discretion, deem fit in the interests of the Company.
Allow Over Subscription
Yes

Attachments