| Announcement Title | Equity Listing - Ordinary Shares | ||
| Date & Time of Broadcast | Dec 17, 2019 21:43 | ||
| Status | New | ||
| Announcement Sub Title | Allotment and issue of shares pursuant to exercise of Warrants | ||
| Announcement Reference | SG191217OTHR9JF9 | ||
| Submitted By (Co./Ind. Name) | Madan Mohan | ||
| Designation | Company Secretary | ||
| Description(Please provide a detailed description of the announcement in the box below) | The Board of Directors of mDR Limited (the "Company") wishes to announce that the issued share capital of the Company has increased from 79,379,763,219 ordinary shares to 90,707,739,719 ordinary shares by way of allotment and issuance of 11,327,976,500 new ordinary shares pursuant to the exercise of 11,327,976,500 Tranche 2 Warrants (W191217) at the exercise price of S$0.0011 for each new ordinary share on 17 December 2019. These new ordinary shares rank pari passu in all respects with the existing issued ordinary shares in the capital of the Company, and are expected to be listed and quoted on the Singapore Exchange Securities Trading Limited with effect from 19 December 2019. The total outstanding Tranche 2 Warrants (W191217) that remained after the aforesaid exercise is 23,904,105,155. In accordance with the terms and conditions of the Tranche 2 Warrants, the subscription rights comprised in the Tranche 2 Warrants have expired at 5.00 p.m. on 17 December 2019 and Tranche 2 Warrants which have not been exercised have ceased to be valid for any purpose. | ||
| Listing Details | |||
| Form of Issue | Registered | ||
| Primary Listing | Yes | ||
| Country of Primary Listing | Singapore | ||
| Issue Date | 17/12/2019 | ||
| Listing Date | 19/12/2019 09:00:00 | ||
| Issue Currency | Singapore Dollar | ||
| Trading Currency | Singapore Dollar | ||
| Asset Class | Ordinary Shares | ||
| Agent Details | |||
| Registrar | Boardroom Corporate & Advisory Services Pte. Ltd. | ||
| Name of Lead Manager (s)/ Bookrunner(s) | |||
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