10-01-2014, 09:57 AM
One step closer to completion on the UE/MemstarT deal...
(vested in MemstarT)
----------
The Company had announced that up to 200,055,550 new ordinary shares in the capital of the
Company would be issued to the Vendor as part payment of the Purchase Consideration (the
“Consideration Shares”).
Further to the Announcements, the Board wishes to announce that the Company has, on 9
January 2014, received the approval in-principle from the SGX-ST (the “Approval In-
Principle”) in respect of the Transaction and the listing of and quotation for the Consideration
Shares on the Official List of the SGX-ST, subject to the following conditions being fulfilled:-
(a) compliance with SGX-ST’s listing requirements and guidelines;
(b) Shareholders’ approval being obtained for the Transaction and the issuance of the
Consideration Shares; and
© the completion of the Transaction will not result in a change of control of the Company.
Ref: http://infopub.sgx.com/FileOpen/UE.Annt....eID=270390
(vested in MemstarT)
----------
The Company had announced that up to 200,055,550 new ordinary shares in the capital of the
Company would be issued to the Vendor as part payment of the Purchase Consideration (the
“Consideration Shares”).
Further to the Announcements, the Board wishes to announce that the Company has, on 9
January 2014, received the approval in-principle from the SGX-ST (the “Approval In-
Principle”) in respect of the Transaction and the listing of and quotation for the Consideration
Shares on the Official List of the SGX-ST, subject to the following conditions being fulfilled:-
(a) compliance with SGX-ST’s listing requirements and guidelines;
(b) Shareholders’ approval being obtained for the Transaction and the issuance of the
Consideration Shares; and
© the completion of the Transaction will not result in a change of control of the Company.
Ref: http://infopub.sgx.com/FileOpen/UE.Annt....eID=270390
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