Proposed Renounceable Non-Underwritten Rights Issue Of Up To 507,397,641 New Ordinary Shares In The Capital Of The Company At An Issue Price Of S$0.008 For Each Rights Share, 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 To Be Determined, Fractional Entitlements To Be Disregarded