V2Y Receives Cashier Order for Convertible Loan Amount

MT Newswires09-27

V2Y (SGX:V2Y) received a cashier's order from placement subscriber, Teng Jun Lie for the convertible loan amount of SG$450,000, according to a filing with the Singapore Exchange on Thursday.

Following the drawdown of the convertible loans, the remaining amount of SG$600,000 is yet to be drawn down.

The company had earlier entered into placement agreements with Ang Wei Yang, Felix, Muhammad Asyraf Bin Azman and Teng Jun Lie on July 10.

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