WD::Rights::Voluntary
Issuer & Securities
Issuer/ ManagerADVANCE SCT LIMITED
SecurityADVANCE SCT LIMITED - SG1Q38922098 - 5FH
Announcement Details
Announcement Title Rights Announcement Withdrawn
Date & Time of Broadcast01-Dec-2015 19:55:58
StatusWithdraw
Corporate Action ReferenceSG141230RHDI6X45
Submitted By (Co./ Ind. Name)Song Tang Yih
DesignationExecutive Director and President
Event StatusRejected
UnderwrittenNo
Shareholders' Approval Required?Yes
Shareholders' Approval ObtainedNo
Financial Year End31/12/2014
Foreign Shareholder EligibilityYes
Foreign Shareholder ApplicabilityAll
Attachment for Intent
Announcement on Share Consolidation and Rights cum Warrants Issue.pdf
Event Narrative
Narrative TypeNarrative Text
Information ConditionsShare Consolidation and Rights cum Warrants Issue
Dates
Rights Details
Security Not Found?No
RenounceableNo
Rights Security Distribution Ratio- Underlying1
Rights Security Distribution Ratio- Rights Security1
Option Exercise
Issue Price (Per Rights)SGD 0.2
Disbursed Security
ISINNameSecurity TypeDistribution Ratio- RightsDistribution Ratio- Disbursed
SG1Q38922098ADVANCE SCT LIMITEDOrdinary Share11
Renounceable Conditions
Allow Over SubscriptionNo
Reason(s) for Withdrawal
Reason(s) for WithdrawalThe Company has decided not to proceed with the Rights cum Warrants Issue after taking into consideration the recent weak and uncertain market conditions associated with the slowdown in the global economy.
Attachments
Related Announcements
30/12/2014 19:13:19