Placements::ANNOUNCEMENT 4 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT

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
06-Jun-2024 05:59:17
Status
New
Announcement Sub Title
ANNOUNCEMENT 4 OF 5 IN RELATION TO OMNIBUS ANNOUNCEMENT
Announcement Reference
SG240606OTHRLJGH
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT 4/5

PROPOSED ISSUE AND ALLOTMENT OF 207,221,091 NEW ORDINARY SHARES IN THE CAPITAL OF JASPER INVESTMENTS LIMITED (THE POLARIS CONVERSION SHARES ) TO POLARIS NINE PRIVATE LIMITED, A CONTROLLING SHAREHOLDER, IN CONNECTION WITH THE PROPOSED CAPITALISATION OF AN OUTSTANDING SHAREHOLDER S LOAN AT THE ISSUE PRICE OF S$0.0011 PER POLARIS CONVERSION SHARE

Please refer to the attached for details.

Total Offer Price converted from SGD to USD based on the exchange rate of 1.3463, as per the exchange rate by the Monetary Authority of Singapore as at 5 June 2024.

Additional Details

Capital Amount-Old
SGD 591,721,000
Capital Amount-New
SGD 591,890,310.85
No. of Existing Outstanding Shares
4,354,159,724
New Shares Issued
207,221,091
Offer Price
SGD 0.0011

Attachments

JIL Conversion of Polaris Nine Loan Announcement.pdf
Total size =586K