Brief: Ellipsiz Announces Proposed Subscription Of Shares In Kalms Investment Pte. Ltd.
25/05/2018 10:32
May 25 (Reuters) - Ellipsiz Ltd ELPZ.SI :
* ANNOUNCES PROPOSED SUBSCRIPTION OF SHARES IN KALMS
INVESTMENT
PTE. LTD.
* CONSIDERATION FOR PROPOSED SUBSCRIPTION SHALL BE S$10
MILLION IN
CASH
* UNIT SHALL SUBSCRIBE FOR 15 MILLION ORDINARY SHARES IN
KALMS
INVESTMENT, AMOUNTING TO 50% OF ENLARGED SHARE CAPITAL OF KIPL
Source text for Eikon: ID:nSNZ1V2dn1
Further company coverage: ELPZ.SI
((Reuters.Briefs@thomsonreuters.com;))
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