Placements::PROPOSED SUBSCRIPTION OF 380,000,000 NEW ORDINARY SHARES

Issuer & Securities

Issuer/ Manager: EQUATION SUMMIT LIMITED
Securities: EQUATION SUMMIT LIMITED - SG0532000247 - 532
EQUATION SUMMIT LIMITEDW170802 - SG42S0000000 - 42BW
Stapled Security: No

Announcement Details

Announcement Title: Placements
Date &Time of Broadcast: 28-Nov-2016 20:59:21
Status: New
Announcement Sub Title: PROPOSED SUBSCRIPTION OF 380,000,000 NEW ORDINARY SHARES
Announcement Reference: SG161128OTHRPBCI
Submitted By (Co./ Ind. Name): Kenneth Leong
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Please refer to the attached.

Additional Details

Capital Amount-Old: SGD 161,438,691
Capital Amount-New: SGD 165,200,691
No. of Existing Outstanding Shares: 6,108,749,645
New Shares Issued: 380,000,000
Offer Price: SGD 0.0099

Attachments

Nov16_Private Placement 380m.pdf

Total size =283K