Response to SGX Queries::

Issuer & Securities

Issuer/ Manager
YINDA INFOCOMM LIMITED
Securities
YINDA INFOCOMM LIMITED - SG1BF8000005 - 42F
Stapled Security
No

Announcement Details

Announcement Title
Response to SGX Queries
Date &Time of Broadcast
30-Jan-2021 09:14:31
Status
New
Supplementary Title
On Other Announcements
Others (Please Specify)
Announcements released on 26 January 2021
Announcement Reference
SG210130OTHR77GP
Submitted By (Co./ Ind. Name)
Tan Chee Bun Gordon
Designation
Executive Director
Description (Please provide a detailed description of the change in the box below)
Please refer to the attachment in respect of the Responses to SGX-ST Queries on the Announcements released on 26 January 2021, as follows:

1. Proposed subscription of 167,400,000 new ordinary shares in the capital of the Company at a subscription price of S$0.125 per share;

2. Proposed acquisition of 51.0% shareholding in the total ordinary share capital of International Biometrics Pte. Ltd.; the proposed diversification into the new business of development and provision of identity management biometric technology solutions; and the proposed investment in TECH 5 SA through a loan convertible into shares and entry into a preferential licensing agreement with TECH 5 SA.

Attachments