PGLOBE

0.640

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PARAGON GLOBE BERHAD ("PGB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF PGB (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

PARAGON GLOBE BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
PARAGON GLOBE BERHAD ("PGB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF PGB (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of PGB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of PGB (excluding treasury shares) to third party investor(s) to be identified later.

Further details of the Proposed Private Placement are set out in the attachment enclosed.

 

This announcement is dated 21 October 2020.




Please refer attachment below.

Attachments

PGB - Announcement (final).pdf
147.0 kB



Announcement Info

Company Name PARAGON GLOBE BERHAD
Stock Name PGLOBE
Date Announced 21 Oct 2020
Category General Announcement for PLC
Reference Number GA1-21102020-00085