Brief: IEV Holdings Enters 3 Separate Subscription Agreements

Medi Lifestyle

23/12/2019 14:00

Dec 23 (Reuters) - IEV Holdings Ltd  IEVH.SI :
    * ENTERED 3 SEPARATE SUBSCRIPTION AGREEMENTS WITH TWO
INDIVIDUALS
& RAIN MAKER MGMT SDN BHD
    * ISSUE PRICE OF S$0.050 FOR EACH SUBSCRIPTION SHARE
AMOUNTING TO
AN AGGREGATE CASH CONSIDERATION OF S$3.8 MILLION
    * NET PROCEEDS FROM SUBSCRIPTION DEALS TO BE USED FOR
RENOVATION &
REFURBISHMENT OF EXISTING POSTPARTUM CENTRES IN SINGAPORE &
MALAYSIA

Source text for Eikon:  ID:nSNZ9m4fS9 
Further company coverage:  IEVH.SI 

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