Proposed Renounceable Non-Underwritten Rights Issue Of Up To 1,628,195,060 New Ordinary Shares In The Capital Of The Company (The "Rights Shares") At An Issue Price Of S$0.0045 For Each Rights Share, With Up To 3,256,390,120 Free Detachable warrants ("Warrants"), Each Warrant Carrying The Right To Subscribe For One (1) New Ordinary Share In The Capital Of The Company (The "New Share") At An Exercise Price Of S$0.005 For Each New share ("Exercise Price"), On The Basis Of One (1) Rights Share For Every One (1) Existing Share Held By Shareholders Of The Company As At The Books Closure Date And Two (2) Warrants For Every One (1) Rights Share In The Capital Of The Company Subscribed (The "Rights Cum Warrants Issue")
Release time:2015-01-20
Announcement Title General Announcement
Announcement Subtitle PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 1,628,195,060 NEW ORDINARY SHARES
Securities ELEKTROMOTIVE GROUP LIMITED (ELEKTROG)
Date & Time of Broadcast Jan 20, 2015 22:18
Submitted By RICKY ANG GEE HING
EXECUTIVE VICE-CHAIRMAN AND MANAGING DIRECTOR
Description Please see attached.
This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The details of the contact person for the Sponsor are:
Name: Mr. Chew Kok Liang, Registered Professional
Address: Six Battery Road, #10-01, Singapore 049909
Tel: (65) 6381 6757

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