Proposed Settlement Of An Amount Owing By The Company Of Approximately US$8.56 Million Via The Proposed Placement Of An Aggregate Of 465,870,885 New Ordinary Shares In The Capital Of The Company At An Issue Price Of S$0.0260 Per New Ordinary Share - Receipt Of Listing And Quotation Notice

Announcement Title	Placements
Date & Time of Broadcast	Mar 16, 2017 8:16
Status	New
Announcement Sub Title	PROPOSED SETTLEMENT OF AMOUNT OWING BY COMPANY VIA PROPOSED PLACEMENT OF 465,870,885 NEW SHARES
Announcement Reference	SG170316OTHRRWC1
Submitted By (Co./ Ind. Name)	Jeffrey Pang
Designation	Director
Description (Please provide a detailed description of the event in the box below)	Please refer to attachment.
Additional Details
Capital Amount-Old	SGD 123,835,232.35
Capital Amount-New	SGD 135,947,875.36
No. of Existing Outstanding Shares	1,060,656,798
New Shares Issued	465,870,885
Offer Price	SGD 0.026

Attachments

1. Attachment 1 (Size: 84,273 bytes)