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SWSCAP

0.670

(%)

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

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, 29 January 2019, 28 February 2019 and 21 March 2019 in relation to the Proposals ("Announcements"). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as those in the Announcements.

 

On behalf of the Board, IPS wishes to announce that Bursa Securities had, vide its letter dated 22 March 2019, resolved to grant SWS an extension of time until 27 April 2019 to comply with Paragraph 9.33(1)(a) of the Listing Requirements in relation to the submission of the listing application, draft circular and the relevant documents and the accompanying compliance checklists to Bursa Securities.

 

This announcement is dated 22 March 2019. 






Announcement Info

Company Name SWS CAPITAL BERHAD
Stock Name SWSCAP
Date Announced 22 Mar 2019
Category General Announcement for PLC
Reference Number GA1-22032019-00051