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. 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.
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. 3.1 Issued share capital and substantial shareholders’ shareholdings The Supplemental Agreement will not have any effect on the issued share capital and substantial shareholders’ shareholdings of TDM
FINANCIAL EFFECT. As at the date of this announcement, the issued and paid-up capital of the Company is S$13,192,949.26 comprising 64,977,825 ordinary shares. Upon Conversion of the Loan and the allotment and issue of the Referral Fee Shares to Mr Xxxxx Xxx, the existing issued share capital of the Company will increase to approximately S$18,452,949.26 comprising 264,977,825 ordinary shares. Correspondingly, the NTA per Share of the Group, based on the unaudited financial statements of the Group as at 31 December 2006, after adjusting for the Conversion and the allotment and issue of the Referral Fee Shares, will increase from 0.95 cents to 2.12 cents. The shareholding structure of the Company following the Conversion and the allotment and issue of the Referral Fee Shares to Mr Xxxxx Xxx is as follows: Name of Shareholder No. of Shares Percentage (%) NH Investments Pte Ltd 27,500,000 10.38 Xxxx Xxx Xxx Xxxx 13,481,690 5.09 Investors 190,000,000 71.70 Xxxxx Xxx Poh Eng 10,000,000 3.77 Others 23,996,135 9.06
FINANCIAL EFFECT. The Cooperative 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 Cooperative 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 December 2021. However, it is expected to contribute positively to the future earnings of the Company.
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. 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. 5.1 Issued and Paid-up Share Capital, net assets and gearing The Agreements will not have any effect on the share capital and substantial shareholders’ shareholdings, net assets and gearing of PBAHB Group.
FINANCIAL EFFECT. The “En-Bloc” sale is expected to contribute positively to the Group revenue and earnings for the financial years ending 31 December 2014 and 2015.
