LUSTER

0.075

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING LUSTER INDUSTRIES BHD ("LUSTER" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 197,603,500 NEW ORDINARY SHARES OF LUSTER REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF LUSTER ("PLACEMENT")

LUSTER INDUSTRIES BHD.

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

PRIVATE PLACEMENT OF UP TO 197,603,500 NEW ORDINARY SHARES OF LUSTER REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF LUSTER ("PLACEMENT")

(Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the Company’s announcement dated 9 October 2018 in relation to the Placement)


Reference is made to the announcements dated 9 October 2018, 16 October 2018, 18 October 2018, 2 April 2019, 8 April 2019, 3 October 2019, 8 October 2019, 11 October 2019, 17 October 2019 and 18 October 2019 in relation to the Placement.

 

On behalf of the Board of Directors of Luster, MIDF Amanah Investment Bank Berhad is pleased to announce that in view of the delay in the completion of the Placement, the Company wishes to vary the utilisation of the proceeds from the Placement ("Variation").

 

Please refer to the attachment for further details on the Variation.

 

This announcement is dated 23 January 2020.




Please refer attachment below.



Announcement Info

Company Name LUSTER INDUSTRIES BHD.
Stock Name LUSTER
Date Announced 23 Jan 2020
Category General Announcement for PLC
Reference Number GA1-20012020-00020