| Announcement Title | General Announcement |
| Announcement Subtitle | ISSUE AND ALLOTMENT OF SHARES PURSUANT TO EXERCISE OF WARRANTS |
| Securities | MDR LIMITED (MDR) |
| Date & Time of Broadcast | Jul 17, 2014 17:49 |
| Submitted By | ONG GHIM CHOON DIRECTOR AND CHIEF EXECUTIVE OFFICER |
| Description | The Board of Directors of mDR Limited (the 'Company') wishes to announce that the issued share capital of the Company has increased from 9,838,606,262 ordinary shares to 9,840,340,926 ordinary shares by way of allotment and issuance of 1,734,664 new ordinary shares pursuant to the exercise of 1,734,664 Warrants (W140925) at the exercise price of S$0.005 for each new ordinary share on 17 July 2014. 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 21 July 2014. The total outstanding Warrants (W140925) remaining after the aforesaid exercise is 2,912,425,851. |
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