Company Announcements
Date : 08 October 2021

MULTIPLE PROPOSALS OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

OVERSEA ENTERPRISE BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY")

(I)	PROPOSED PRIVATE PLACEMENT; AND
(II)	PROPOSED RIGHTS ISSUE WITH WARRANTS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 28 July 2021 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.)

 

We refer to the announcement dated 28 July 2021 in relation to the Proposals (First Announcement).

 

On behalf of the Board, Mercury Securities wishes to announce that the Company has obtained an undertaking from Tay Ben Seng, Benson (Executive Director of the Company) in relation to his subscription of Rights Shares to meet the Minimum Subscription Level for the Proposed Rights Issue with Warrants.

 

Please refer to the attachment for further details.

 

This announcement is dated 8 October 2021.




Please refer attachment below.



Announcement Info

Company Name OVERSEA ENTERPRISE BERHAD
Stock Name OVERSEA
Date Announced 08 Oct 2021
Category General Announcement for PLC
Reference Number GA1-08102021-00113



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