Placements::Supplemental Agreement - Revised Terms - Issue of S$1,200,000 Convertible Loan Note

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
14-Nov-2021 20:46:44
Status
New
Announcement Sub Title
Supplemental Agreement - Revised Terms - Issue of S$1,200,000 Convertible Loan Note
Announcement Reference
SG211114OTHRZ0SD
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached for the revision of certain terms of the proposed issue of the Convertible Loan Note in the principal amount of S$1,200,000 convertible into up to 388,634,050 new ordinary shares at a conversion price of S$0.00315 per share.

This announcement should be read in conjunction with the previous announcements of the Company released on 16 August 2021 and 26 August 2021.

Note: The details below with respect to the old and new capital amount as well as the number of existing outstanding shares do not take into account the proposed subscription of 811,111,111 new ordinary shares by Riau Capital Resources Pte. Ltd.

Additional Details

Capital Amount-Old
SGD 591,721,000
Capital Amount-New
SGD 592,945,197
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
388,634,050
Offer Price
SGD 0.00315

Attachments