NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 245,464,100 NEW ORDINARY SHARES IN WIDAD (WIDAD SHARES OR SHARES), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN WIDAD ("PROPOSED PRIVATE PLACEMENT")
| WIDAD GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 245,464,100 NEW ORDINARY SHARES IN WIDAD (WIDAD SHARES OR SHARES), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN WIDAD ("PROPOSED PRIVATE PLACEMENT") |
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Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 25 February 2020 and 3 March 2020 in relation to Proposed Private Placement (“Announcements”).
Further to the Announcements, M&A Securities on behalf of the Board of Widad wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below.
This announcement is dated 2 July 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | WIDAD GROUP BERHAD |
| Stock Name | WIDAD |
| Date Announced | 02 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02072020-00030 |