DGB

0.105

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DGB ASIA BERHAD ("DGB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 349,916,000 NEW ORDINARY SHARES IN DGB, REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF DGB, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

DGB ASIA BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
DGB ASIA BERHAD ("DGB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 349,916,000 NEW ORDINARY SHARES IN DGB, REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF DGB, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of the Company (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities” or the “Principal Adviser” or the “Placement Agent”) wishes to announce that the Company proposes to undertake the private placement of up to 349,916,000 new ordinary shares in the Company (“DGB Shares” or “Shares”), representing 30% of the total number of issued shares of the Company, to independent third-party investors to be identified later at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).

 

Please refer to the attachment for further details on the Proposed Private Placement.

 

This announcement is dated 3 July 2020.




Please refer attachment below.



Announcement Info

Company Name DGB ASIA BERHAD
Stock Name DGB
Date Announced 03 Jul 2020
Category General Announcement for PLC
Reference Number GA1-03072020-00067