NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PROTASCO BERHAD ("PROTASCO" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PROTASCO ("PROPOSED PRIVATE PLACEMENT")
PROTASCO BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | PROTASCO BERHAD ("PROTASCO" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF PROTASCO ("PROPOSED PRIVATE PLACEMENT") |
This announcement is dated 8 December 2015. Reference is made to Protasco’s announcements dated 24 November 2015 (“Announcement”) and 25 November 2015 in relation to the Proposed Private Placement. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Announcement. On behalf of the Board of Directors of Protasco, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 7 December 2015, granted its approval for the listing of and quotation for up to 34,069,409 new ordinary shares of RM0.50 each in Protasco pursuant to the Proposed Private Placement subject to the following conditions:
(i) details of the placees as per paragraph 6.15 of the Listing Requirements for Bursa Securities’ review, prior to the issuance/allotment of shares to the placees; and (ii) confirmation that the placees do not fall within any of the category of persons specified in paragraph 6.04 (c) of the Listing Requirements.
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Announcement Info
Company Name | PROTASCO BERHAD |
Stock Name | PRTASCO |
Date Announced | 08 Dec 2015 |
Category | General Announcement for PLC |
Reference Number | GA1-08122015-00007 |