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Asiasons Capital Ltd updates on proposed placement


Sunday, 15 Dec 2013 06:43pm EST 

Asiasons Capital Ltd:Says with reference to the announcement made on Sept. 17, in relation of the subscription agreement with the subscribers of the subscription agreement.Says for the proposed subscription of 212,587,880 new ordinary shares in the company by the Subscribers, for the total consideration of S$254,000,000.Says the long-stop date for the satisfaction of the conditions precedent to the proposed subscription was to take place no later than 90 days from the date of the Subscription Agreement being Dec. 15.Says as such the proposed subscription has since lapsed. 

Company Quote

0.027
0.0010 +3.85%
26 Dec 2014