CDF, on behalf of Richpoint Company Limited, announced the Board's resolution to arrange capital increase by issue new shares

2015-04-24
Announcements

Date of announcement  2015/04/24
Time of announcement  22:02:14
 
Date of events  2015/04/24 
To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2015/04/24
2.Source of capital increase funds: Capital increase by issuance of new shares
3.Number of shares issued:74,371,561 shares
4.Par value per share:USD 1
5.Total monetary amount of the issue:SGD100million
6.Issue price:NA
7.Number of shares subscribed by or allotted to employees:NA
8.Number of shares publicly sold:NA
9.Ratio of shares subscribed by or allotted as stock dividends to existing shareholders:NA
10.Method of handling fractional shares and shares unsubscribed by the deadline:NA
11.Rights and obligations of the newly issued shares: Same as existing shares
12.Utilization of the funds from the capital increase: To strengthen capital structure
13.Any other matters that need to be specified: The transaction is subject to the approval of the competent authorities