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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 |
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