Brief: OKH Global entered conditional subscription agreement with Haiyi Holdings

Global Resource Construction

05/04/2016 11:26

April 5 (Reuters) - OKH Global Ltd  OKHG.SI : 
 * Company had on 5 April 2016 entered into conditional subscription agreement 
with Haiyi Holdings Pte. Ltd 
 * Is also proposing to undertake a capital reorganisation exercise to reduce 
the par value of its shares from US$0.16 to US$0.01 
 * Says the company and the subscriber have also entered into the loan agreement 
 * Says subscription share for an aggregate amount of s$50 million 
 * Loan agreement for a loan of s$10 million 
 
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