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| Announcement Title | Placements |
| Date & Time of Broadcast | Jun 24, 2024 18:13 |
| Status | New |
| Announcement Sub Title | Completion: Proposed Placement with Notice of Transfer of Treasury Shares |
| Announcement Reference | SG240624OTHR46IJ |
| Submitted By (Co./ Ind. Name) | NG SOOK HWA |
| Designation | CHIEF FINANCIAL OFFICER |
| Description (Please provide a detailed description of the event in the box below) | The Company has allotted and issued to the Placees an aggregate of 520,000 treasury shares in the capital of the Company at an issue price of S$0.25 for each Placement Share, amounting to an aggregate gross consideration of S$130,000. The Placement Shares has been allotted from the Company's treasury shares. The Company has an issued and paid-up capital of 946,442,940 ordinary shares (excluding treasury shares). The Company has not make an application to the SGX-ST for the listing and quotation of the Placement Shares on the Mainboard of the SGX-ST as the Placement Shares is allotted from the Company's treasury shares. Upon the completion of the Placement, the Company's treasury shares is reduced from 19,422,407 to 18,902,407. |
| Additional Details | |
| Capital Amount-Old | SGD 88,272,545.71 |
| Capital Amount-New | SGD 88,272,545.71 |
| No. of Existing Outstanding Shares | 946,442,940 |
| Offer Price | SGD 0.25 |
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