Brief: Equation Summit enters subscription agreement with Teo Khiam Chong, Island Asset Management and Chen Dawei

DISA

28/11/2016 13:00

Nov 28 (Reuters) - Equation Summit Ltd  EQCR.SI  
    * Equation summit -deal for issue and allotment of an 
aggregate number of 380 million shares in issued and paid-up 
share capital of co at s$0.0099 per subscription share 
    * Equation summit - entered into a subscription agreement  
with Teo Khiam Chong, Island Asset Management Pte Ltd and Chen 
Dawei 
    * Equation summit - intends to use 100% of net proceeds from 
subscription, estimated to be s$3.8 million, for expansion of 
disa digital safety pte. ltd. 
 
Source text for Eikon:  ID:nSNZyhl20  
Further company coverage:  EQCR.SI  
 
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