Stock Code:YYB.SI
| Announcement Title | Placements |
| Date & Time of Broadcast | Dec 23, 2016 18:55 |
| Status | Replace |
| Announcement Sub Title | PROPOSED SUBSCRIPTION OF 1,200,000,000 ORDINARY SHARES - COMPLETION OF THE PROPOSED SUBSCRIPTION |
| Announcement Reference | SG161214OTHR6TJI |
| Submitted By (Co./ Ind. Name) | NG KAI MAN |
| Designation | EXECUTIVE DIRECTOR |
| Description (Please provide a detailed description of the event in the box below) |
The allotment and issue of all the 1,200,000,000 new ordinary shares have been successfully completed on 23 December 2016 in accordance with the Subscription Agreements. Please see attached. This announcement has been prepared by Elektromotive Group Limited (the "Company") and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of the Catalist. The Sponsor has not verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088. |
| Additional Details | |
| Capital Amount-Old | SGD 140,048,694 |
| Capital Amount-New | SGD 142,601,094 |
| No. of Existing Outstanding Shares | 2,435,525,365 |
| New Shares Issued | 1,200,000,000 |
| Offer Price | SGD 0.002127 |
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