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 Bursa Securities had vide its letter dated 12 February 2020 resolved to grant IUBI an extension of time until 21 August 2020 to complete the implementation of the Private Placement and Share Split.
This announcement is dated 13 February 2020. |
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Announcement Info
| Company Name | IDEAL UNITED BINTANG INTERNATIONAL BERHAD |
| Stock Name | IDEAL |
| Date Announced | 13 Feb 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13022020-00036 |