Placements::PROPOSED PLACEMENT OF 31,015,000 NEW ORDINARY SHARES AT S$1.48 PER SUBSCRIPTION SHARE
Issuer & Securities
Issuer/ Manager
BRC ASIA LIMITED
Securities
BRC ASIA LIMITED - SG1BG3000008 - BEC
Stapled Security
No
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
28-Aug-2021 12:25:15
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 31,015,000 NEW ORDINARY SHARES AT S$1.48 PER SUBSCRIPTION SHARE
Announcement Reference
SG210828OTHR4LKB
Submitted By (Co./ Ind. Name)
Lee Chun Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachments.
The calculation of the "Capital Amount - New" includes estimated expenses of approximately S$150,000.
The calculation of the "Capital Amount-Old" and "Capital Amount-New" include the value of 1,626,600 treasury shares held by the Company as at 28 August 2021.
The "No. of Existing Outstanding Shares" excludes 1,626,600 treasury shares held by the Company as at 28 August 2021.
Additional Details
Capital Amount-Old
SGD 139,201,102.95
Capital Amount-New
SGD 185,103,302.95
No. of Existing Outstanding Shares
243,335,089
New Shares Issued
31,015,000
Offer Price
SGD 1.48
Attachments
BRC - Placement Announcement.pdf
BRC - Press Release.pdf
Total size =640K
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