TELEDATA (SINGAPORE) LIMITED
(the "Company")
(Incorporated in the Republic of Singapore)
(Registration No. 197600922M)
EQUITY LINE OF CREDIT OF UP TO S$35,000,000 WITH GEM GLOBAL YIELD FUND
Further to the announcement made on 20 January 2010, the directors of the Company
wish to announce that the Warrants shall be issued pursuant to the general mandate
granted by the Company’s shareholders at the Annual General Meeting of the Company
held on 30 April 2010.
Pursuant to the terms of the Warrants, GEM Global would be able to subscribe for up to
220,000,000 new ordinary shares in the capital of the Company.
The first 50% of the proceeds from the issuance of any new ordinary shares in the capital
of the Company pursuant to the Warrants shall be used for the general working capital of
the Company and the balance shall be used for investments.
The Company shall be submitting in due course an application for the listing and
quotation of up to 220,000,000 new ordinary shares in the capital of the Company which
GEM Global may subscribe for pursuant to the terms of the Warrants.
The Company shall make announcements on any issuance of new ordinary shares in the
capital of the Company pursuant to the Warrants and shall make any announcements in
the event of any adjustment of the exercise price for the issuance of such new ordinary
shares.
The capitalized terms herein shall bear the meaning as that provided in the announcement
made on 20 January 2010.
BY ORDER OF THE BOARD
3 September 2010.
September 3, 2010
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