REPL::Placements::PLACEMENT
Issuer & Securities
Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1160 - AWM
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
25-May-2021 21:38:03
Status
Replacement
Announcement Sub Title
PLACEMENT
Announcement Reference
SG210517OTHRNR00
Submitted By (Co./ Ind. Name)
HONG YONG
Designation
Non-Executive Chairman & Lead Independent Director
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 3,051,527 NEW ORDINARY SHARES IN THE CAPITAL OF SHANGHAI TURBO ENTERPRISES LTD. AT A PLACEMENT PRICE OF SGD0.423 FOR EACH PLACEMENT SHARE COMPLETION OF THE PROPOSED PLACEMENT
Additional Details
Capital Amount-Old
USD 6,867,118.25
Capital Amount-New
USD 7,630,000
No. of Existing Outstanding Shares
27,468,473
New Shares Issued
3,051,527
Offer Price
SGD 0.423
Attachments
ST - Completion of Placement Announcement.pdf
Total size =154K
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17/05/2021 22:38:11