Placements::COMPLETION OF THE PLACEMENT OF AN AGGREGATE OF 58,800,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ASIA FASHION HOLDINGS LIMITED
Securities
ASIA FASHION HOLDINGS LIMITED - BMG0539Q1134 - GH3
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
15-Apr-2015 20:55:29
Status
New
Announcement Sub Title
COMPLETION OF THE PLACEMENT OF AN AGGREGATE OF 58,800,000 NEW ORDINARY SHARES
Announcement Reference
SG150415OTHR6O56
Submitted By (Co./ Ind. Name)
Neo Chee Beng
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Completion Of The Placement Of An Aggregate Of 58,800,000 New Ordinary Shares In The Capital Of The Company To Be Issued At S$0.06 Per Placement Share To Placees Pursuant To (1) The Placement Agreements Entered Into Between The Company And Each Of Forest Education Foundation Limited, Grand Powerful Group Limited, Tsang Yuen Wai Samuel And Wong Yu Chiu Ben Dated 25 March 2015 And (2) The Placement Agent Agreement Entered Into Between The Company And UOB Kay Hian Private Limited Dated 25 March 2015.

Please refer to the attachment.

Additional Details

Capital Amount-Old
USD 3,244,013
Capital Amount-New
USD 3,538,013
No. of Existing Outstanding Shares
0
New Shares Issued
58,800,000
Offer Price
SGD 0.06

Attachments