News and Announcements
DeClout Asset Acquisitions and Disposals
- Published November 23, 2015 12:56PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
The board of directors (the “Board”) of DeClout Limited (the “Company”) refers to the Company’s announcements dated 3 November and 18 November 2015 (the “Announcements”) in relation to the proposed acquisition of 75% interests in Play-E Pte Ltd..
Further to Announcements, the Board wishes to announce that the Company has, on 19 November 2015, allotted and issued 24,000,000 new ordinary shares in the capital of the Company, being the DeClout Consideration Shares, to the Vendor and the Guarantor. Following the allotment and issuance of the DeClout consideration shares, the total number of issued and paid-up share capital of the Company has increased from 514,617,530 Shares to 538,617,530 Shares.
The DeClout Consideration Shares shall rank pari passu in all respects with the existing issued Shares.
To read the full announcement, please click here.
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