REDIDEA

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING RED IDEAS HOLDINGS BERHAD ("RIHB" OR "COMPANY") PROPOSED SUBSCRIPTION BY GAN YEE HIN ("GYH" OR "SUBSCRIBER") OF 5,000,000 NEW ORDINARY SHARES IN RIHB ("RIHB SHARE(S)" OR "SHARE(S)") ("SUBSCRIPTION SHARES(S)"), REPRESENTING APPROXIMATELY 4.99% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF RIHB, AT AN ISSUE PRICE OF RM0.80 PER SUBSCRIPTION SHARE ("PROPOSED SUBSCRIPTION")

RED IDEAS HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
RED IDEAS HOLDINGS BERHAD ("RIHB" OR "COMPANY")

PROPOSED SUBSCRIPTION BY GAN YEE HIN ("GYH" OR "SUBSCRIBER") OF 5,000,000 NEW ORDINARY SHARES IN RIHB ("RIHB SHARE(S)" OR "SHARE(S)") ("SUBSCRIPTION SHARES(S)"), REPRESENTING APPROXIMATELY 4.99% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF RIHB, AT AN ISSUE PRICE OF RM0.80 PER SUBSCRIPTION SHARE ("PROPOSED SUBSCRIPTION")

Reference is made to the announcement dated 22 October 2019 in respect to the Proposed Subscription (“Announcement”).

 

We refer to the announcement dated 22 October 2019 in relation to the Proposed Subscription.

 

On behalf of the Board, M&A Securities Sdn Bhd wishes to announce that the additional listing application for the listing of and quotation for up to 5,000,000 new RIHB Shares to be issued pursuant to the Proposed Subscription has been submitted to Bursa Malaysia Securities Berhad on 23 October 2019.

 

This announcement is dated 23 October 2019.






Announcement Info

Company Name RED IDEAS HOLDINGS BERHAD
Stock Name REDIDEA
Date Announced 23 Oct 2019
Category General Announcement for PLC
Reference Number GA1-23102019-00011