MISCELLANEOUS :: SUBSCRIPTION OF SHARES IN NTEGRATOR PTE LTD
Aug 08, 2006
Announcement Title | MISCELLANEOUS :: SUBSCRIPTION OF SHARES IN NTEGRATOR PTE LTD |
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Issuer & Securities |
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Issuer/ Manager | NTEGRATOR INTERNATIONAL LTD |
Company Registration No. | 199904281D |
Announcement submitted on behalf of | NTEGRATOR INTERNATIONAL LTD |
Announcement is submitted with respect to * | NTEGRATOR INTERNATIONAL LTD |
Announcement is submitted by * | Kenneth Sw |
Designation * | Company Secretary |
Date & Time of Broadcast | 08-Aug-2006 18:04:08 |
Announcement No. | 00100 |
Announcement Details |
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Announcement Title * | SUBSCRIPTION OF SHARES IN NTEGRATOR PTE LTD |
Description | The Directors of Ntegrator International Ltd. ("the Company") would like to announce that the Company has subscribed for an additional 1,650,000 ordinary shares at the issue price of $1.00 per share in the share capital of its wholly-owned subsidiary, Ntegrator Pte Ltd, by way of capitalisation of inter-company loans.Following the above subscription for shares, the Company now holds 6,000,000 ordinary shares in the share capital of Ntegrator Pte Ltd. The above transaction is not expected to have any material effect on the net tangible assets per share and earnings per share of the Company for the financial year ending 31 December 2006.None of the Directors or Substantial Shareholders of the Company has any interest, direct or indirect, in the above transaction.By Order of the BoardKenneth SwCompany Secretary8 August 2006 |