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

BackMar 09, 2018
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

  1. Hiap_Huat_-__Proposed_Special_Issue.pdf (Size: 162,612 bytes)