IDEAL

3.200

(%)

MULTIPLE PROPOSALS IDEAL UNITED BINTANG INTERNATIONAL BERHAD ("IUBI" OR THE "COMPANY") ACQUISITION; PRIVATE PLACEMENT; SHARE SPLIT; AND SHAREHOLDERS AGREEMENT (COLLECTIVELY, THE "PROPOSALS")

IDEAL UNITED BINTANG INTERNATIONAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
IDEAL UNITED BINTANG INTERNATIONAL BERHAD ("IUBI" OR THE "COMPANY")

	ACQUISITION;
	PRIVATE PLACEMENT;
	SHARE SPLIT; AND
	SHAREHOLDERS AGREEMENT

(COLLECTIVELY, THE "PROPOSALS")

Unless otherwise redefined, the abbreviated terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the above Proposals.

 

On behalf of the Board of Directors of IUBI, M&A Securities wishes to announce that an application has been submitted to Bursa Securities to seek an extension of time of 6 months up to 21 August 2020 to implement the Private Placement and Share Split.

 

 

This announcement is dated 7 February 2020.






Announcement Info

Company Name IDEAL UNITED BINTANG INTERNATIONAL BERHAD
Stock Name IDEAL
Date Announced 07 Feb 2020
Category General Announcement for PLC
Reference Number GA1-07022020-00023