New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
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 SPECIAL ISSUE OF 42,200,000 NEW ORDINARY SHARES IN HIAP HUAT TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE") |
On behalf of the Board of Directors of Hiap Huat (“Board”), Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that the Company proposes to undertake a special issue of 42,200,000 new ordinary shares in Hiap Huat (“Hiap Huat Shares”), representing approximately 11.24% of the new enlarged issued share capital of Hiap Huat (after the completion of the Proposed Special Issue) to Bumiputera investors to be identified and approved by the Ministry of International Trade and Industry (“MITI”). Kindly refer to the attached document for the details of the Proposed Special Issue. |
Please refer attachment below.
Announcement Info
Company Name | HIAP HUAT HOLDINGS BERHAD |
Stock Name | HHHCORP |
Date Announced | 09 Mar 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-09032018-00001 |
Attachments
- Hiap_Huat_-__Proposed_Special_Issue.pdf (Size: 162,612 bytes)