NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DESTINI BERHAD ("DESTINI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 231,046,059 NEW ORDINARY SHARES IN DESTINI, REPRESENTING UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES IN DESTINI ("PROPOSED PRIVATE PLACEMENT")
| DESTINI BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | DESTINI BERHAD ("DESTINI" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 231,046,059 NEW ORDINARY SHARES IN DESTINI, REPRESENTING UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES IN DESTINI ("PROPOSED PRIVATE PLACEMENT") |
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We refer to the announcements dated 12 September 2019, 13 September 2019, 11 October 2019, 24 October 2019, 25 October 2019, 11 November 2019, 16 December 2019, 27 December 2019, 5 February 2020 and 12 February 2020 ("Announcements"). (Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.) On behalf of the Board, Affin Hwang IB wishes to announce that an application for an extension of time of 6 months from 10 April 2020 to 9 October 2020 for the completion of the Proposed Private Placement has been submitted to Bursa Securities on 20 March 2020. Further announcements in relation to the above will be made in due course in accordance with the Listing Requirements.
This announcement is dated 20 March 2020.
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Announcement Info
| Company Name | DESTINI BERHAD |
| Stock Name | DESTINI |
| Date Announced | 20 Mar 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20032020-00076 |