Brief: Viking Offshore And Marine Enters Term Sheet In Relation To Proposed Placement Of Shares

9R

15/11/2019 15:08

Nov 15 (Reuters) - Viking Offshore and Marine Ltd  VIKO.SI :
    * VIKING OFFSHORE AND MARINE - ENTERED TERM SHEET WITH
RUDDIN
ADVISORY, BLUE OCEAN CAPITAL PARTNERS FOR PROPOSED PLACEMENT OF
SHARES IN CO
    * VIKING OFFSHORE AND MARINE - RUDDIN ADVISORY AND BLUE
OCEAN
CAPITAL WILL SUBSCRIBE FOR PLACEMENT SHARES EQUIVALENT TO 53.0%
AND 13.5% RESPECTIVELY
    * VIKING OFFSHORE AND MARINE - RUDDIN ADVISORY & BLUE OCEAN
TO
SUBSCRIBE FOR CO'S NEW SHARES FOR CASH CONSIDERATION OF S$4
MILLION AND S$1 MILLION RESPECTIVELY

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ1mg7XB
Further company coverage:  VIKO.SI 

 ((Reuters.Briefs@thomsonreuters.com;))