Placements::ISSUE AND ALLOTMENT OF 90,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
07-Jul-2022 17:14:59
Status
New
Announcement Sub Title
ISSUE AND ALLOTMENT OF 90,000,000 NEW ORDINARY SHARES
Announcement Reference
SG220707OTHRHFH1
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
ISSUE AND ALLOTMENT OF 90,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.0127 PER CKK OPTIONAL SUBSCRIPTION SHARE TO CKK PURSUANT TO THE PARTIAL EXERCISE OF THE CKK OPTIONAL SUBSCRIPTION RIGHT

IN RELATION TO ANNOUNCEMENT REFERENCE SG211205OTHRL5JW

Please refer to the attachment for details

Additional Details

Capital Amount-Old
SGD 115,378,385
Capital Amount-New
SGD 116,521,385
No. of Existing Outstanding Shares
2,996,911,975
New Shares Issued
90,000,000
Offer Price
SGD 0.0127

Attachments

AVT - Exercise of CKK Optional Subscription Right Announcement_070722.pdf
Total size =94K