NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YGL CONVERGENCE BERHAD ("YGL" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 23,816,654 NEW ORDINARY SHARES OF YGL ("YGL SHARE(S)" OR "SHARE(S)"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF YGL ("PROPOSED PRIVATE PLACEMENT")
| YGL CONVERGENCE BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | YGL CONVERGENCE BERHAD ("YGL" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 23,816,654 NEW ORDINARY SHARES OF YGL ("YGL SHARE(S)" OR "SHARE(S)"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF YGL ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of YGL, Alliance Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Private Placement. |
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Please refer attachment below.
Announcement Info
| Company Name | YGL CONVERGENCE BERHAD |
| Stock Name | YGL |
| Date Announced | 27 Dec 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26122019-00001 |