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")
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")