WD::Rights::Voluntary
Issuer & Securities
Issuer/ Manager
ADVANCE SCT LIMITED
Security
ADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Announcement Details
Announcement Title
Rights Announcement Withdrawn
Date &Time of Broadcast
01-Dec-2015 19:55:58
Status
Withdraw
Corporate Action Reference
SG141230RHDI6X45
Submitted By (Co./ Ind. Name)
Song Tang Yih
Designation
Executive Director and President
Event Status
Rejected
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2014
Foreign Shareholder Eligibility
Yes
Foreign Shareholder Applicability
All
Attachment for Intent
Announcement on Share Consolidation and Rights cum Warrants Issue.pdf
Event Narrative
Narrative Type
Narrative Text
Information Conditions
Share Consolidation and Rights cum Warrants Issue
Dates
Rights Details
Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1
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
SG1Q38922098
ADVANCE SCT LIMITED
Ordinary Share
1
1
Renounceable Conditions
Allow Over Subscription
No
Reason(s) for Withdrawal
Reason(s) for Withdrawal
The Company has decided not to proceed with the Rights cum Warrants Issue after taking into consideration the recent weak and uncertain market conditions associated with the slowdown in the global economy.
Attachments
Announcement on Share Consolidation and Rights cum Warrants Issue.pdf
Total size =87K
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