Placements::PROPOSED PLACEMENT OF 2,533,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF MAGNUS ENERGY GROUP LTD.

Issuer & Securities

Issuer/ Manager
MAGNUS ENERGY GROUP LTD.
Securities
MAGNUS ENERGY GROUP LTD. - SG1AI2000007 - 41S
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
05-Jul-2018 19:18:00
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF 2,533,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF MAGNUS ENERGY GROUP LTD.
Announcement Reference
SG180705OTHRNTAV
Submitted By (Co./ Ind. Name)
Luke Ho Khee Yong
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.

Additional Details

Capital Amount-Old
SGD 148,789,865
Capital Amount-New
SGD 151,069,565
No. of Existing Outstanding Shares
12,632,507,107
New Shares Issued
2,533,000,000
Offer Price
SGD 0.0009

Attachments

MagnusEnergyPlacementAnnc5Jul2018Final.pdf
Total size =30K