Placements::Proposed Subscription of 416,666,667 Shares at 0.0036 SGD each tagged with 138,888,888 Warrants

Issuer & Securities

Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
04-Jul-2022 01:19:50
Status
New
Announcement Sub Title
Proposed Subscription of 416,666,667 Shares at 0.0036 SGD each tagged with 138,888,888 Warrants
Announcement Reference
SG220704OTHRVZM4
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)

Please see the attached announcement for more information on the proposed subscription of 416,666,667 new ordinary shares with 138,888,888 new warrants convertible into 138,888,888 new ordinary shares upon exercise pursuant to a subscription agreement dated 1 July 2022 ("1 July Subscription Agreement").

Important Note: The 1 July Subscription Agreement supersedes and replaces (and with the effect of terminating) the subscription agreement dated 6 June 2022 entered into with the Subscriber for the subscription of 138,888,888 shares for a total consideration of SGD500,000.

Additional Details

Capital Amount-Old
SGD 591,721,000
Capital Amount-New
SGD 593,721,000
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
555,555,555
Offer Price
SGD 0.0036

Attachments