CAREPLS

0.080

-0.005 (-5.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CAREPLUS GROUP BERHAD ("CAREPLUS" OR THE "COMPANY") PROPOSED RIGHTS ISSUE

CAREPLUS GROUP BERHAD

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

PROPOSED RIGHTS ISSUE

We refer to the previous announcements dated 18 April 2025, 9 May 2025 and 19 May 2025 and the circular to shareholders of Careplus dated 5 June 2025 in relation to the Proposed Rights Issue (“Circular”). Unless otherwise defined, the definitions set out in the Circular shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that the timeframe to implement the Proposed Rights Issue had lapsed on 18 November 2025. After due consideration of the downward trend in the market prices of Careplus Shares since the EGM held on 20 June 2025, the Board has resolved not to proceed with the Proposed Rights Issue.

 

The Board shall continue to review other alternative fundraising methods to satisfy the Company’s funding requirements and will make the necessary announcements should the Company undertake any other alternative fundraising proposals.

 

The abortion of the Proposed Rights Issue is not expected to have any material effect on the earnings and NA of the Company.

 

 

This announcement is dated 18 November 2025.






Announcement Info

Company Name CAREPLUS GROUP BERHAD
Stock Name CAREPLS
Date Announced 18 Nov 2025
Category General Announcement for PLC
Reference Number GA1-18112025-00008