NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING Key ASIC Berhad ("Key ASIC" or Company) and its subsidiary companies (Key ASIC Group or Group) - Proposed Private Placement
|KEY ASIC BERHAD|
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
Key ASIC Berhad ("Key ASIC" or Company) and its subsidiary companies (Key ASIC Group or Group) - Proposed Private Placement
(Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as the announcement in relation to the Proposed Private Placement on 24 October 2017)
We refer to the announcements made by the Company on 24 October 2017, 25 October 2017 and 18 January 2018.
On behalf of Key ASIC, KAF IB wishes to announce that Bursa Securities had, vide its letter dated 26 January 2018 to KAF IB, resolved to approve the listing and quotation of up to 222,743,750 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:-
1. Key ASIC and KAF IB must fully comply with the relevant provisions under the Main LR pertaining to the implementation of the Proposed Private Placement; and
2. Key ASIC and KAF IB to inform Bursa Securities upon the completion of the Proposed Private Placement; and
3. Key ASIC to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.
This announcement is dated 26 January 2018.
|Company Name||KEY ASIC BERHAD|
|Date Announced||26 Jan 2018|
|Category||General Announcement for PLC|