REPL::Placements::CLARIFICATION ON ANNOUNCEMENT REFERENCE: SG141023OTHR3RJT RELEASED ON 23 OCTOBER 2014

Issuer & Securities

Issuer/ Manager
ASIATRAVEL.COM HOLDINGS LTD
Securities
ASIATRAVEL.COM HOLDINGS LTD - SG1J72891703 - 5AM
ASIATRAVEL.COM HOLDINGSW160715 - SG9OA2989176 - 5VFW
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
23-Oct-2014 17:06:11
Status
Replacement
Announcement Sub Title
CLARIFICATION ON ANNOUNCEMENT REFERENCE: SG141023OTHR3RJT RELEASED ON 23 OCTOBER 2014
Announcement Reference
SG141023OTHR3RJT
Submitted By (Co./ Ind. Name)
Boh Tuang Poh
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of Asiatravel.com Holdings Ltd (the "Company") refers to the announcement reference: SG141023OTHR3RJT released to the Singapore Exchange Securities Trading Limited on 23 October 2014 at 07:35:33 in respect of the proposed subscription of 40,000,000 new ordinary shares by Zhonghong Holding Co., Ltd.

The Board wishes to clarify on point 6 (Financial Effects) of the announcement as follows:

(1) NAV as at 30 September 2013 (S$'000) after the Proposed Subscription should reflect as 29,415, instead of 19,415; and

(2) NAV per Share (S$) after the Proposed Subscription should reflect as 0.1040, instead of 0.0687.

The attached revised announcement supersedes the earlier announcement.


BY ORDER OF THE BOARD

Boh Tuang Poh
Executive Director

Singapore, 23 October 2014


This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement. The details of the contact person for the Sponsor are as follows:

Name : Ms Amanda Chen, Registered Professional

Address : Six Battery Road, #10-01 Singapore 049909

Tel : (65) 6381 6757

Additional Details

Capital Amount-Old
SGD 46,407,652.07
Capital Amount-New
SGD 56,407,652.07
No. of Existing Outstanding Shares
321,223,036
New Shares Issued
40,000,000
Offer Price
SGD 0.25

Attachments

Related Announcements

Related Announcements

23/10/2014 07:35:33