Tuesday, April 1st, 2025

H2G Green Limited Announces Record Date for Renounceable Warrants Issue: Key Details for Shareholders








H2G Green Limited Announces Major Rights Issue – Potential Impact on Shareholders

H2G Green Limited Announces Major Rights Issue – Potential Impact on Shareholders

Key Points:

  • H2G Green Limited is set to conduct a renounceable non-underwritten rights issue of up to 1,415,284,092 warrants.
  • Each warrant is priced at S\$0.001 and carries the right to subscribe for one new ordinary share at an exercise price of S\$0.004.
  • The rights issue will be based on one warrant for every existing share held by shareholders as of the Record Date, 18 November 2024.
  • The shares will trade on a “cum-rights” basis until 14 November 2024 and on an “ex-rights” basis from 15 November 2024.

Important Information for Shareholders:

  • Entitled Shareholders, including Entitled Depositors and Entitled Scripholders, will receive notifications on how to access the Offer Information Statement (OIS).
  • Entitled Depositors need to ensure their registered addresses with the Central Depository (Pte) Limited are in Singapore as of the Record Date.
  • Entitled Scripholders must have their shares registered in their own names and addresses in Singapore with the Share Registrar.
  • Members under the Supplementary Retirement Scheme (SRS) and Central Provident Fund Investment Scheme (CPFIS) can use their respective accounts to accept their provisional allotments and apply for excess warrants.
  • Foreign Shareholders with addresses outside Singapore will not be eligible for the offer.
  • The Offer Information Statement (OIS) will be electronically disseminated, and further details can be found within it.

Potential Impact on Share Values:

The announcement of the rights issue may influence H2G Green Limited’s share prices. Shareholders should exercise caution and stay informed through the company’s updates. The rights issue presents an opportunity for shareholders to increase their stake at a potentially favorable price, which could lead to fluctuations in the share value depending on market reception and participation in the rights issue.

Cautionary Statement:

The Directors have advised that the proposed Warrants Issue is subject to certain conditions and there is no certainty that it will be completed. Shareholders are advised to read further updates carefully and consult their financial advisors before making any decisions.

Further announcements will be made by the Company regarding the Warrants Issue as necessary.

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research or consult with a professional advisor before making any investment decisions.

By Order of the Board

Lim Shao-Lin
Executive Director, CEO
8 November 2024


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