Proposed Placement Of 4,985,755 Treasury Shares In The Capital Of Q&M Dental Group (Singapore) Limited - Clarification Announcement
BackOct 04, 2022
| Announcement Title | Placements |
| Date & Time of Broadcast | Oct 4, 2022 20:45 |
| Status | Replace |
| Announcement Sub Title | Proposed Placement of 4,985,755 Treasury Shares in the Capital of the Company |
| Announcement Reference | SG220929OTHRVBLD |
| 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 Board of Directors of Q & M Dental Group (Singapore) Limited wishes to clarify that the Placement Price is not equivalent to but represents a premium of approximately 4% to the weighted average price of S$0.337 for trades done on the Shares of the Company on the SGX-ST for the full market day on 29 September 2022, being the market day on which the Placement Letters were executed. Please refer to the clarification announcement attached. |
| Additional Details | |
| Capital Amount-Old | SGD 88,272,545.71 |
| Capital Amount-New | SGD 90,022,545.71 |
| No. of Existing Outstanding Shares | 939,442,940 |
| New Shares Issued | 4,985,755 |
| Offer Price | SGD 0.351 |
Attachments
- Placement (Size: 158,102 bytes)
- Clarification (Size: 71,231 bytes)