Proposed Placement Of 4,985,755 Treasury Shares In The Capital Of Q & M Dental Group (Singapore) Limited - Completion Of The Placement Of The Placement Shares

BackOct 20, 2022
Announcement Title Placements
Date & Time of Broadcast Oct 20, 2022 20:39
Status New
Announcement Sub Title COMPLETION: NOTICE OF TRANSFER OF TREASURY SHARES
Announcement Reference SG221020OTHRSG0Y
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 will allot and issue to the Placees an aggregate of 4,985,755 treasury shares in the capital of the Company at an issue price of S$0.351 for each Placement Share, amounting to an aggregate gross consideration of S$1,750,000. The Placement Shares will be allotted from the Company's treasury shares. The Company will not be making 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 will be allotted from the Company's treasury shares. Upon the completion of the Placement, the Company's treasury shares will be 21,436,652.


Please see attachment.
Additional Details
Capital Amount-Old SGD 88,272,545.71
Capital Amount-New SGD 88,272,545.71
No. of Existing Outstanding Shares 939,442,940
New Shares Issued 0
Offer Price SGD 0.351

Attachments

  1. Notice Of Transfer Of Treasury Shares (Size: 16,964 bytes)
  2. Completion Of Placement (Size: 68,369 bytes)