Placements::Proposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Company
Issuer & Securities
Issuer/ ManagerDARCO WATER TECHNOLOGIES LIMITED
SecuritiesDARCO WATER TECHNOLOGIES LTD - SG1CC9000009 - BLR
Stapled SecurityNo
Announcement Details
Announcement Title Placements
Date & Time of Broadcast04-Apr-2017 21:16:10
StatusNew
Announcement Sub TitleProposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Company
Announcement ReferenceSG170404OTHROU3A
Submitted By (Co./ Ind. Name)Thye Kim Meng
Designation Chairman, Managing Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Proposed Placement of 5,000,000 New Ordinary Shares in the Capital of the Darco Water Technologies Limited

- Receipt of In-Principle Approval from SGX-ST

Please refer to the attached.
Additional Details
Capital Amount-OldSGD 55,892,648.426
Capital Amount-NewSGD 58,892,648.426
No. of Existing Outstanding Shares52,326,601
New Shares Issued5,000,000
Offer PriceSGD 0.6
Attachments
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07/04/2017 18:21:18