General Announcement::ISSUE AND ALLOTMENT OF SHARES PURSUANT TO EXERCISE OF WARRANTS

Issuer & Securities

Issuer/ Manager
MDR LIMITED
Securities
MDR LIMITED - SG1N26909308 - A27

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
17-Jul-2014 17:49:47
Status
New
Announcement Sub Title
ISSUE AND ALLOTMENT OF SHARES PURSUANT TO EXERCISE OF WARRANTS
Announcement Reference
SG140717OTHRCS1S
Submitted By (Co./ Ind. Name)
ONG GHIM CHOON
Designation
DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of mDR Limited (the 'Company') wishes to announce that the issued share capital of the Company has increased from 9,838,606,262 ordinary shares to 9,840,340,926 ordinary shares by way of allotment and issuance of 1,734,664 new ordinary shares pursuant to the exercise of 1,734,664 Warrants (W140925) at the exercise price of S$0.005 for each new ordinary share on 17 July 2014. These new ordinary shares rank pari passu in all respects with the existing issued ordinary shares in the capital of the Company, and are expected to be listed and quoted on the Singapore Exchange Securities Trading Limited with effect from 21 July 2014.

The total outstanding Warrants (W140925) remaining after the aforesaid exercise is 2,912,425,851.

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