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Tung Lok: Rights Issue 120.55% Subscribed.

22 Aug 2014 17:47

Tung Lok Restaurants (2000) Ltd wishes to announce that the Rights Issue has been over-subscribed as at the close of the Rights Issue on 15 August 2014. Based on the total issued share capital of the Company of S$19,142,045 comprising 196,000,000 Shares as at 5.00 p.m. (Singapore time) on 29 July 2014, 78,400,000 Rights Shares were available for subscription under the Rights Issue and as at the close of the Rights Issue on the Closing Date, valid acceptances and excess applications were received for a total of 94,511,412 Rights Shares, representing approximately 120.55% of the total number of Rights Shares available under the Rights Issue...

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Source: ShareInvestor Express