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| Announcement Title | Placements |
| Date & Time of Broadcast | Mar 13, 2018 22:00 |
| Status | New |
| Announcement Sub Title | SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED |
| Announcement Reference | SG180313OTHRR5CT |
| Submitted By (Co./ Ind. Name) | Sharon Yeoh |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | SUBSCRIPTION FOR 1,360,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF GAYLIN HOLDINGS LIMITED - COMPLETION OF THE SHARE PLACEMENT - DEBT RESTRUCTURINGS - CHANGE IN USE OF PROCEEDS - APPOINTMENT OF NEW EXECUTIVE OFFICERS - RE-APPOINTMENT OF MR. DESMOND TEO BEE CHIONG AS ADVISOR TO THE EXECUTIVE CHAIRMAN PRESS RELEASE Please see attached files. |
| Additional Details | |
| Capital Amount-Old | SGD 52,563,000 |
| Capital Amount-New | SGD 120,563,000 |
| No. of Existing Outstanding Shares | 438,000,000 |
| New Shares Issued | 1,360,000,000 |
| Offer Price | SGD 0.05 |
Attachments