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News
Proposed Open Offer On The Basis Of One Offer Share For Every One Share Held On The Record Date Payable In Full On Application
Announcement Title |
Intermediate Securities Distribution |
Date & Time of Broadcast |
Nov 18, 2020 19:18 |
Status |
New |
Corporate Action Reference |
SG201118RHDIURK9 |
Submitted By (Co./ Ind. Name) |
Lee Pih Peng |
Designation |
Deputy Company Secretary |
Underwritten |
Yes |
Shareholders' Approval Required? |
Yes |
Shareholders' Approval Obtained |
No |
Financial Year End |
31/12/2020 |
Foreign Shareholder Eligibility |
Yes |
Foreign Shareholder Applicability |
Specific Countries |
|
Specific Countries List |
Hong Kong |
Virgin Islands (British) |
Philippines |
China |
Taiwan, Province Of China |
|
Event Narrative |
Narrative Type |
Narrative Text |
Additional Text |
PROPOSED OPEN OFFER ON THE BASIS OF ONE OFFER SHARE FOR EVERY ONE SHARE HELD ON THE RECORD DATE PAYABLE IN FULL ON APPLICATION |
Additional Text |
Please refer to the Company's announcements dated 24 July 2020 and 29 October 2020 for further details on the terms of the Proposed Open Offer. Shareholders should note that Shareholders' approval for the Proposed Open Offer had been obtained at the Special General Meeting of the Company dated 18 November 2020. |
Dates |
Record Date and Time |
25/11/2020 16:30:00 |
Ex Date |
24/11/2020 |
Rights Details |
Rights Security ISIN |
BMG246371030 |
Rights Security Name |
COURAGE INVESTMENT GRP LIMITED |
Security Not Found? |
No |
Renounceable |
No |
Rights Security Distribution Ratio- Underlying |
1 |
Rights Security Distribution Ratio- Rights Security |
1 |
|
Option Exercise |
Issue Price (Per Rights) |
HKD 0.13 |
Exercise Period |
03/12/2020 TO 18/12/2020 |
Disbursed Security |
ISIN |
Name |
Security Type |
Distribution Ratio- Rights |
Distribution Ratio- Disbursed |
BMG246371030 |
COURAGE INVESTMENT GRP LIMITED |
Ordinary Share |
1 |
1 |
|
Renounceable Conditions |
Allow Over Subscription |
Yes |