AHB

0.130

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AHB HOLDINGS BHD ("AHB" OR THE "COMPANY") (I) PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND (II) PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

AHB HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AHB HOLDINGS BHD ("AHB" OR THE "COMPANY")

(I)	PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES OF AHB (EXCLUDING ANY TREASURY SHARES) ("AHB SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("10% PRIVATE PLACEMENT"); AND

(II)	PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED AHB SHARES (EXCLUDING ANY TREASURY SHARES) ("30% PRIVATE PLACEMENT")
 
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements made on 26 July 2019, 29 July 2019 and 1 August 2019 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of AHB, TA Securities wishes to announce that the Board of Directors of AHB had on 15 January 2020 sought approval from Bursa Securities for an extension of time of 6 months (i.e., from 1 February 2020 until 31 July 2020) for the Company to complete the implementation of the 10% Private Placement.

 

This announcement is dated 15 January 2020.






Announcement Info

Company Name AHB HOLDINGS BERHAD
Stock Name AHB
Date Announced 15 Jan 2020
Category General Announcement for PLC
Reference Number GA1-14012020-00088