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SWSCAP

0.700

(%)

MULTIPLE PROPOSALS SWS CAPITAL BERHAD ("SWS" OR THE "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS"); (III) PROPOSED PRIVATE PLACEMENT OF ICPS; AND (IV) PROPOSED AMENDMENTS

Amended Announcements
Please refer to the earlier announcement reference number: GA1-28012019-00106

SWS CAPITAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SWS CAPITAL BERHAD ("SWS" OR THE "COMPANY")

(I)	PROPOSED ACQUISITION;

(II)	PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES ("ICPS"); 

(III)	PROPOSED PRIVATE PLACEMENT OF ICPS; AND

(IV)	PROPOSED AMENDMENTS

We refer to the announcements made on 28 January 2019 and 29 January 2019 in relation to the Proposals.

 

This amended announcement is to provide further elaboration and detailed explanation on the rationale for SWS to undertake the Proposed Rights Issue of ICPS and the Proposed Private Placement of ICPS.

 

Please refer to the attachment for the amended Section 3.2 and Section 3.3 of the announcement dated 28 January 2019.

 

This announcement is dated 28 February 2019.




Please refer attachment below.



Announcement Info

Company Name SWS CAPITAL BERHAD
Stock Name SWSCAP
Date Announced 28 Feb 2019
Category General Announcement for PLC
Reference Number GA1-28022019-00089