Placements::Proposed Placement of New Ordinary Shares in the Capital of the Company

Issuer & Securities

Issuer/ Manager
ITE ELECTRIC CO LTD
Securities
ITE ELECTRIC CO LTD - SG0581008505 - 581
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
10-Jan-2017 21:58:28
Status
New
Announcement Sub Title
Proposed Placement of New Ordinary Shares in the Capital of the Company
Announcement Reference
SG170110OTHR12NE
Submitted By (Co./ Ind. Name)
Zhang Zhi Liang
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached.

Additional Details

Capital Amount-Old
SGD 23,077,543
Capital Amount-New
SGD 26,044,663
No. of Existing Outstanding Shares
137,337,290
New Shares Issued
63,400,000
Offer Price
SGD 0.0468

Attachments

ITE - Placement Announcement .pdf
Total size =246K