Completion Of The Placement And Clarification On SGX-ST's Grant Of The Extension Of Time To Meet The Requirements Under Rule 1314 Of The Listing Manual To Exit From The Watch-List

BackDec 01, 2017
Announcement Title Placements
Date & Time of Broadcast Dec 1, 2017 17:07
Status Replace
Announcement Sub Title Completion of the Placement and Clarification on SGX-ST's Grant of the Extension of Time
Announcement Reference SG171123OTHR0F0F
Submitted By (Co./ Ind. Name) Chan Shut Li, William
Designation Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below) Please see attached
(Placement of 23,802,447 new ordinary shares in the share capital of Mirach Energy Limited at the placement price of S$0.073 per share for an aggregate consideration of S$1.7 million - Completion of the placement and clarification on SGX-ST's grant of the extension of time to meet the requirements under Rule 1314 of the Listing Manual to exit from the Watch-List)
Additional Details
Capital Amount-Old SGD 109,798,325.19
Capital Amount-New SGD 111,535,903.82
No. of Existing Outstanding Shares 119,012,238
New Shares Issued 23,802,447
Offer Price SGD 0.073


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