Bursa Announcements
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SUNWAY BERHAD RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES
SUNWAY BERHAD |
Type | Announcement | ||||||||||||||||||
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
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Description | SUNWAY BERHAD RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES |
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Unless otherwise stated, the abbreviations and definitions used in this announcement shall have the same meanings as those previously defined in the Company’s announcements dated 27 May 2020, 6 July 2020, 9 July 2020, 10 August 2020, 2 September 2020, 9 September 2020, 2 October 2020, and 22 October 2020 (“Announcements”), the Circular to shareholders of the Company dated 11 August 2020 (“Circular”), and the Abridged Prospectus to the entitled shareholders of the Company dated 6 November 2020 (“Abridged Prospectus”) in relation to the Rights Issue of ICPS.
We refer to the Announcements, Circular and Abridged Prospectus in relation to the Rights Issue of ICPS.
On behalf of the Board, RHB Investment Bank wishes to announce that as at the close of acceptances, excess applications and payments for the Rights Issue of ICPS at 5.00 p.m. on 26 November 2020, Sunway had received valid acceptances and Excess ICPS Applications for a total of 984,213,277 ICPS. This represents an over subscription of approximately 0.66% over the total number of ICPS available under the Rights Issue of ICPS.
The details of valid acceptances and Excess ICPS Applications received as at the Closing Date are as follows:
Accordingly, the Excess ICPS will be allocated in accordance with the basis as stated in the Abridged Prospectus.
The ICPS is expected to be listed on the Main Market of Bursa Securities on 8 December 2020.
This announcement is dated 2 December 2020.
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Announcement Info
Company Name | SUNWAY BERHAD |
Stock Name | SUNWAY |
Date Announced | 02 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-02122020-00143 |