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(1) Receipt Of Approval In-Principle From The SGX-ST In Respect Of Proposed Renounceable Rights Issue And Adjustments To Warrants
(2) Adjustments To Number And Exercise Price Of Shareholder Warrants And Management Warrants
Dec 13, 2023
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| Announcement Title | Outcome of Regulatory Review | ||||||||||
| Date & Time of Broadcast | Dec 13, 2023 13:02 | ||||||||||
| Status | Replace | ||||||||||
| Corporate Action Reference | SG231103RHDIHZEY | ||||||||||
| Submitted By (Co./ Ind. Name) | PANG YOKE MIN | ||||||||||
| Designation | EXECUTIVE CHAIRMAN | ||||||||||
| Event Status | Pending AIP/ LQN Announcement | ||||||||||
| Underwritten | No | ||||||||||
| Shareholders' Approval Required? | Yes | ||||||||||
| Shareholders' Approval Obtained | No | ||||||||||
| Foreign Shareholder Eligibility | No | ||||||||||
| Attachment for Intent | PRL - Proposed Rights Issue - 03.11.2023.pdf | ||||||||||
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| Regulatory Outcome | |||||||||||
| Attachment For Regulatory Outcome | |||||||||||
| PRL - Warrants Adjustments and AIP.pdf | |||||||||||
| Event Narrative | |||||||||||
| Narrative Type | Narrative Text | ||||||||||
| Additional Text | Please refer to the attached. | ||||||||||
| Dates | |||||||||||
| Rights Details | |||||||||||
| Security Not Found? | No | ||||||||||
| Renounceable | Yes | ||||||||||
| Rights Security Distribution Ratio- Underlying | 1 | ||||||||||
| Rights Security Distribution Ratio- Rights Security | 3 | ||||||||||
| Option Exercise | |||||||||||
| Issue Price (Per Rights) | SGD 0.023 | ||||||||||
| Disbursed Security | |||||||||||
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| Renounceable Conditions | |||||||||||
| Allow Over Subscription | Yes | ||||||||||
Attachments
- Rights Issue (Size: 161,892 bytes)
- Warrants Adjustments & AIP (Size: 174,371 bytes)
