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| Announcement Title | Placements |
| Date & Time of Broadcast | Dec 13, 2019 7:11 |
| Status | New |
| Announcement Sub Title | PROPOSED SUBSCRIPTION FOR 87,288,136 NEW ORDINARY SHARES IN THE CAPITAL OF GALLANT VENTURE LTD. |
| Announcement Reference | SG191213OTHR5RXQ |
| Submitted By (Co./ Ind. Name) | Choo Kok Kiong |
| Designation | Executive Director and Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Please see attached. |
| Additional Details | |
| Capital Amount-Old | SGD 1,951,371,758.64 |
| Capital Amount-New | SGD 1,961,671,758.64 |
| No. of Existing Outstanding Shares | 5,337,560,225 |
| New Shares Issued | 87,288,136 |
| Offer Price | SGD 0.118 |
Attachments