NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PWI ("PWI SHARES" OR "SHARES") ("PLACEMENT SHARES") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
| PRICEWORTH INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PWI ("PWI SHARES" OR "SHARES") ("PLACEMENT SHARES") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT") |
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We refer to the announcements made on 25 October 2019, 29 October 2019, 15 November 2019, 19 November 2019 and 24 April 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of PWI, Kenanga IB wishes to announce that Bursa Securities had, vide its letter dated 12 May 2020 resolved to grant PWI an extension of time of 6 months until 18 November 2020 to complete the implementation of the Private Placement.
This announcement is dated 12 May 2020. |
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Announcement Info
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 12 May 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12052020-00035 |