HBGLOB

0.030

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING HB GLOBAL LIMITED ("HBGL" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 78,199,374 NEW ORDINARY SHARES IN HBGL ("HBGL SHARES" OR "SHARES"), REPRESENTING 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY PURSUANT TO SECTION 161 OF THE COMPANIES ACT OF SINGAPORE, CAP. 50 ("PRIVATE PLACEMENT")

HB GLOBAL LIMITED

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
HB GLOBAL LIMITED ("HBGL" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 78,199,374 NEW ORDINARY SHARES IN HBGL ("HBGL SHARES" OR "SHARES"), REPRESENTING 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY PURSUANT TO SECTION 161 OF THE COMPANIES ACT OF SINGAPORE, CAP. 50 ("PRIVATE PLACEMENT")

Reference is made to the Company's earlier announcements dated 4 December 2025, 5 December 2025, 10 December 2025 and 15 December 2025 ("Earlier Announcements") in relation to the Private Placement. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.

 

On behalf of the Board, Malacca Securities wishes to announce that the Board has fixed the issue price for up to 78,199,374 Placement Shares to be issued pursuant to the Private Placement at RM0.0270 per Placement Share. The issue price represents a discount of 10.0% to the 5-day VWAP of HBGL Shares up to and including 22 May 2026 of RM0.0300.


This announcement is dated 25 May 2026.



Announcement Info

Company Name HB GLOBAL LIMITED
Stock Name HBGLOB
Date Announced 25 May 2026
Category General Announcement for PLC
Reference Number GA1-25052026-00117


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