Brief: Capital World Proposes Issue Of 11.94 Bln Scheme Shares To Entitled Scheme Creditors

Capital World

28/10/2021 16:11

Oct 28 (Reuters) - Capital World Ltd  CAPI.SI :
    * PROPOSED ISSUE OF 11.94 BILLION SCHEME SHARES TO ENTITLED
SCHEME
CREDITORS PURSUANT TO SHARE DISTRIBUTION UNDER SCHEME
    * PROPOSED TRANSFER OF CONTROLLING INTEREST TO TWIN UNITRADE
PURSUANT TO ISSUANCE OF 4.16 BILLION SCHEME SHARES
    * PROPOSED ISSUE OF 74.2 MILLION ADDITIONAL NEW SHARES UNDER
ADDITIONAL SHARE DISTRIBUTION
    * SHARE ISSUE PRICE FOR SHARE DISTRIBUTION IS S$0.005/SHARE
    * CONVENING AN EGM ON 12 NOV TO SEEK SHAREHOLDERS' APPROVAL
FOR
RESOLUTIONS

Source text for Eikon:  ID:nSNc8tKh2 
Further company coverage:  CAPI.SI 

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