SGX Announcements
(1) The Renounceable and Non-Underwritten Rights issue Of Series 2 Perpetual Convertible Capital Securities With Free Detachable Warrants exercisable Into Shares; And (2) The Bonus Issue Of Warrants Exercisable Into Shares - Lodgement And Despatch Of Offer Information Statement
BackMay 07, 2019
| Announcement Title | Intermediate Securities Distribution | ||
| Date & Time of Broadcast | May 7, 2019 17:39 | ||
| Status | Replace | ||
| Corporate Action Reference | SG190325RHDIJE7Q | ||
| Submitted By (Co./ Ind. Name) | Neo Teck Pheng | ||
| Designation | Group Chief Executive Officer and Executive Director | ||
| Event Status | Pending Record Date Processing | ||
| Underwritten | No | ||
| Shareholders' Approval Required? | Yes | ||
| Shareholders' Approval Obtained | Yes | ||
| Financial Year End | 31/12/2019 | ||
| Foreign Shareholder Eligibility | No | ||
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| Event Narrative | |||
| Narrative Type | Narrative Text | ||
| Additional Text | (1) PROPOSED RENOUNCEABLE AND NON-UNDERWRITTEN RIGHTS ISSUE OF SERIES 2 PERPETUAL CONVERTIBLE CAPITAL SECURITIES WITH FREE DETACHABLE WARRANTS EXERCISABLE INTO SHARES ; AND (2) PROPOSED BONUS ISSUE OF WARRANTS EXERCISABLE INTO SHARES |
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| Additional Text | NOTES: (1) Please see attached for more information. (2) "Shareholders' Approval required" refers to the reliance on the General Share Issue Mandate to be obtained at the AGM of the Company to be convened on 24 April 2019. The Company will not be seeking specific approval from Shareholders for the Proposed Exercises. |
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| Dates | |||
| Record Date and Time | 06/05/2019 17:00:00 | ||
| Ex Date | 03/05/2019 | ||
| Rights Details | |||
| Rights Security ISIN | KYG3488W1318 | ||
| Rights Security Name | FIRST SPONSOR GROUP LTD R | ||
| Security Not Found? | No | ||
| Renounceable | Yes | ||
| Trading Period From | 09/05/2019 | ||
| Trading Period To | 17/05/2019 | ||
| Rights Security Distribution Ratio- Underlying | 7 | ||
| Rights Security Distribution Ratio- Rights Security | 1 | ||
| Offer Information Statement | |||
| Offer Information Statement Lodged? | Yes | ||
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| Option Exercise | |||
| Issue Price (Per Rights) | SGD 1.3 | ||
| Exercise Period | 09/05/2019 TO 24/05/2019 | ||
| Renounceable Conditions | |||
| Allow Over Subscription | Yes | ||
Attachments
- Rights & Bonus Issue (Size: 518,771 bytes)
- Receipt Of AIP (Size: 237,850 bytes)
- Notice Of BCD (Size: 51,093 bytes)
- Lodgement & Despatch Of OIS (Size: 154,034 bytes)
- OIS (Size: 2,311,381 bytes)