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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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WE Holdings Ltd Announces Renounceable Non-underwritten Rights Issue

Tuesday, 2 Apr 2013 11:40am EDT 

WE Holdings Ltd announced that the Company is proposing a renounceable non-underwritten rights cum warrants issue of up to 678,382,403 new ordinary shares in the capital of the Company at an issue price of SGD0.015 for each Rights Share, with up to 678,382,403 free detachable warrants, each Warrant carrying the right to subscribe for one (1) new ordinary share in the capital of the Company at an exercise price of SGD0.030 for each Warrant Share on the basis of one (1) Rights Share with one (1) Warrant for every one (1) existing ordinary share in the capital of the Company, held by the shareholders of the Company as at a date and time to be determined by the Directors for the purpose of determining the Shareholders’ entitlement, fractional entitlements to be disregarded. The Company has appointed PrimePartners Corporate Finance Pte. Ltd. as the manager to the Rights cum Warrants Issue. 

Company Quote

27 Nov 2014