| 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