BURSA ANNOUNCEMENTS

Date : 28 October 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ALB, TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER

ANCOM LOGISTICS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ALB, TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER

We refer to our earlier announcements dated 27 April 2015, 28 April 2015 and 13 May 2015.

(Unless otherwise defined, all the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcements in relation to the Proposed Private Placement)

On behalf of the Board of Directors of ALB, Affin Hwang IB wishes to announce that an application has been submitted to Bursa Securities today for an extension of time of 6 months from 12 November 2015, being the deadline for the implementation of the Proposed Private Placement, to 11 May 2016 for the completion of the Proposed Private Placement.

Further announcements in relation to the above will be made in due course in accordance with the Listing Requirements.

This announcement is dated 28 October 2015.






Announcement Info

Company Name ANCOM LOGISTICS BERHAD
Stock Name ANCOMLB
Date Announced 28 Oct 2015
Category General Announcement for PLC
Reference Number GA1-28102015-00060