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New Issue Of Securities (Chapter 6 Of Listing Requirements):Fund Raising

BackNov 28, 2014
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description HIAP HUAT HOLDINGS BERHAD (“HIAP HUAT” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HIAP HUAT (“PROPOSED PRIVATE PLACEMENT”)

On behalf of the Board of Directors of Hiap Huat (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that Hiap Huat proposes to undertake a private placement of new ordinary shares of RM0.10 each in Hiap Huat (“Hiap Huat Shares”), representing up to 10% of the issued and paid-up share capital of the Company (“Placement Shares”).

 

The Proposed Private Placement is proposed to be implemented pursuant to a prior approval obtained pursuant to Section 132D of the Companies Act, 1965 (“Act”) from shareholders of Hiap Huat in a general meeting held on 26 June 2014 (“Section 132D Authority”).

 

Further details of the announcement in relation to the Proposed Private Placement are set out in the attachment.

 

This announcement is dated 28 November 2014. 

 


Announcement Info

Company Name HIAP HUAT HOLDINGS BERHAD (ACE Market) 
Stock Name HHHCORP    
Date Announced 28 Nov 2014  
Category General Announcement
Reference No ML-141128-54417

Attachments

  1. HiapHuat_-_Announcement_Private_Placement.pdf (Size: 220,390 bytes)