Placements::PROPOSED PLACEMENT OF 450,250,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINCAP GROUP LIMITED

Issuer & Securities

Issuer/ Manager
SINCAP GROUP LIMITED
Securities
SINCAP GROUP LIMITED - SG2F03983689 - 5UN
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
12-Sep-2018 17:57:39
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 450,250,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINCAP GROUP LIMITED
Announcement Reference
SG180912OTHR3IDV
Submitted By (Co./ Ind. Name)
CHU MING KIN
Designation
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
PROPOSED PLACEMENT OF 450,250,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINCAP GROUP LIMITED (THE "PLACEMENT SHARES") AT S$0.01 FOR EACH PLACEMENT SHARE TO RAISE GROSS PROCEEDS OF S$4,502,500.

PLEASE REFER TO THE ATTACHED.

Additional Details

Capital Amount-Old
SGD 38,447,212.1
Capital Amount-New
SGD 42,949,712.1
No. of Existing Outstanding Shares
1,250,750,410
New Shares Issued
450,250,000
Offer Price
SGD 0.01

Attachments

Sincap - Placement Announcement_12092018.pdf
Total size =137K