Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Security
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
26-Sep-2022 22:24:07
Status
New
Corporate Action Reference
SG220926RHDIJ793
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
EXECUTIVE CHAIRMAN
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/03/2022
Foreign Shareholder Eligibility
No
Attachment for Intent
AVT-Rights_Issue_Announcement-AIP_260922.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF DISCOUNTED AND REDEEMABLE CONVERTIBLE BONDS
-- RECEIPT OF APPROVAL IN-PRINCIPLE FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

Dates

Rights Details

Security Not Found?
No
Renounceable
Yes
Rights Security Distribution Ratio- Underlying
100
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.931
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1I67883666ADDVALUE TECHNOLOGIES LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

AVT-Rights_Issue_Announcement-AIP_260922.pdf
Total size =93K

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