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Updates On The Use Of Proceeds Raised From The (I) Issue Of 300 Redeemable Exchangeable Preference Shares ("REPS") In The Preference Share Capital Of A Wholly-Owned Subsidiary Of Ezion Holdings Limited ("Ezion"); (II) Placement Of 100,000,000 New Ordinary Shares ("Placement Shares") In The Share Capital Of Ezion; And (III) Renounceable Underwritten Rights Issue Of 478,576,422 New Shares ("Rights Issue") In The Capital Of Ezion

BackApr 06, 2017
Announcement Title General Announcement
Date & Time of Broadcast Apr 6, 2017 19:26
Status New
Announcement Sub Title UPDATES ON THE USE OF PROCEEDS RAISED FROM THE REPS, PLACEMENT SHARES AND RIGHTS ISSUE
Announcement Reference SG170406OTHRHA1Z
Submitted By (Co./ Ind. Name) Cheah Boon Pin
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) UPDATES ON THE USE OF PROCEEDS RAISED FROM THE (I) ISSUE OF 300 REDEEMABLE EXCHANGEABLE PREFERENCE SHARES ("REPS") IN THE PREFERENCE SHARE CAPITAL OF A WHOLLY-OWNED SUBSIDIARY OF EZION HOLDINGS LIMITED ("EZION"); (II) PLACEMENT OF 100,000,000 NEW ORDINARY SHARES ("PLACEMENT SHARES") IN THE SHARE CAPITAL OF EZION; AND (III) RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE OF 478,576,422 NEW SHARES ("RIGHTS ISSUE") IN THE CAPITAL OF EZION

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