NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT" OR THE "COMPANY") (I). PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE EXISTING NUMBER OF ISSUED SHARES OF HENG HUAT (EXCLUDING ANY TREASURY SHARES) ("HENG HUAT SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED 10% PLACEMENT"); AND (II). PROPOSED PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED HENG HUAT SHARES (EXCLUDING ANY TREASURY SHARES) ("PROPOSED 30% PLACEMENT") (COLLECTIVELY, THE "PROPOSALS").
| HENG HUAT RESOURCES GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | HENG HUAT RESOURCES GROUP BERHAD ("HENG HUAT" OR THE "COMPANY")
(I). PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE EXISTING NUMBER OF ISSUED SHARES OF HENG HUAT (EXCLUDING ANY TREASURY SHARES) ("HENG HUAT SHARES") PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED 10% PLACEMENT"); AND
(II). PROPOSED PRIVATE PLACEMENT OF UP TO 30% OF THE NUMBER OF ISSUED HENG HUAT SHARES (EXCLUDING ANY TREASURY SHARES) ("PROPOSED 30% PLACEMENT")
(COLLECTIVELY, THE "PROPOSALS"). |
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We refer to the announcement made on 15 June 2020 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of Heng Huat, TA Securities wishes to announce that the additional listing application in relation to the Proposed 10% Placement has been submitted to Bursa Securities on 19 June 2020.
This announcement is dated 19 June 2020. |
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Announcement Info
| Company Name | HENG HUAT RESOURCES GROUP BERHAD |
| Stock Name | HHGROUP |
| Date Announced | 19 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18062020-00012 |