FINANCIAL EFFECT. The consideration for the subscription of S$1,456,000, representing 52% of the total issued and paid-up capital of the JVCO will be funded through internal resources and paid in cash. As the JVCO will be a newly incorporated entity, no valuation was conducted and the Transaction is not expected to have any material impact on the Company’s net tangible assets per share and consolidated earnings per share for the current financial year.
FINANCIAL EFFECT. The Collaboration Agreement is not expected to have any effect on the issued share and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The Collaboration Agreement is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 31 March 2023.
FINANCIAL EFFECT. The transaction is not expected to have any material effect on the earnings, net assets per share, gearing, share capital and substantial shareholding of the Company for the financial year ending 31 December 2011.
FINANCIAL EFFECT. 4.1 Issued share capital and substantial shareholders’ shareholdings The Variation Letters will not have any effect on the issued share capital and substantial shareholders’ shareholdings of TDM .
4.2 Net assets (“NA”), NA per share and gearing The Variation Letters will not have any material effect on the NA, NA per share and gearing for the financial year ending 31 December 2020.
4.3 Earnings and earnings per share (“EPS”) The Variation Letters will not have any material effect on the earnings and EPS of TDM for the financial year ending 31 December 2020.
FINANCIAL EFFECT. The Supplemental Agreement will not have any effect on the earnings of the Group for the financial year ending 31 August 2020.
FINANCIAL EFFECT. The Acquisition of Lands are not expected to have any significant effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of Xxx Xxxx.
FINANCIAL EFFECT. The entry into the Lease Agreement is not expected to have any material impact on the net tangible assets per share and earnings per share of the Group for the current financial year ending 31 December 2020.
FINANCIAL EFFECT. 5.1 Issued and Paid-up Share Capital, net assets and gearing
5.2 Earnings and earnings per share
FINANCIAL EFFECT. The SA is not expected to have any effect on the issued share and substantial shareholders’ shareholdings of the Company as it does not involve the issuance of any new ordinary shares in the Company. The SA is not expected to have any material impact on the Company’s earnings per share, net assets and gearing for the current financial year ending 31 December 2023. However, it is expected to contribute positively to the future earnings of the Company.
FINANCIAL EFFECT. As there are no changes to the total Landowner’s Consideration and the consideration relating to the Option to Purchase, the entry into the Supplemental Agreement is not expected to have a material effect on the financial position of the Company or the Group for the financial year ending 31 December 2023. The financial effects of the Proposed Acquisition as set out in paragraph 6 of the Earlier Announcement remain unchanged.
