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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

  1. Placement (Size: 158,102 bytes)
  2. Clarification (Size: 71,231 bytes)
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