The Directors of Chapmans Limited (ASX: CHP) (Chapmans, the...

The Directors of Chapmans Limited (ASX: CHP) (Chapmans, the Company) are pleased to announce it has secured two new strategic investors to help fund and support the company's high growth investment strategy. Tan Sri Abu Sahid Bin Mohamed has subscribed for 65 million Ordinary shares in Chapmans at a price of $0.005 per share, for a 5% equity interest in the Company. Tan Sri Tuang Nguang Lau (also known as Tan Sri Francis Lau) has also subscribed for 65 million Ordinary shares in Chapmans at a price of $0.005 per share, for a 5% equity interest in the Company. 108,061 849 shares have been issued as part of the shortfall in Chapmans recently completed Rights Issue. In addition, 77,499,915 shares have been issued in a Placement at the same price, of $0.005 per share.