REPL::Placements::PROPOSED SUBSCRIPTION OF 18,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY

Issuer & Securities

Issuer/ Manager: SINGAPORE PAINCARE HOLDINGS LIMITED
Securities: SINGAPORE PAINCARE HOLDINGS LIMITED - SGXE51400773 - FRQ
Stapled Security: No

Announcement Details

Announcement Title: Placements
Date &Time of Broadcast: 27-Nov-2020 17:39:17
Status: Replacement
Announcement Sub Title: PROPOSED SUBSCRIPTION OF 18,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY
Announcement Reference: SG201117OTHRMYIR
Submitted By (Co./ Ind. Name): Dr. Lee Mun Kam Bernard
Designation: Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): PROPOSED SUBSCRIPTION OF 18,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY BY SIAN CHAY MEDICAL INSTITUTION

- COMPLETION OF THE PROPOSED SUBSCRIPTION

Please refer to the attached.

Singapore Paincare Holdings Limited (the "Company") was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 30 July 2020. The initial public offering of the Company was sponsored by Novus Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and reviewed by the Sponsor, in compliance with Rule 226(2)(b) of the SGX-ST Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.

Additional Details

Capital Amount-Old: SGD 13,797,282
Capital Amount-New: SGD 17,757,282
No. of Existing Outstanding Shares: 161,623,416
New Shares Issued: 18,000,000
Offer Price: SGD 0.22

Attachments

SPCH_Proposed Subscription_Completion.pdf

Total size =104K

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