ATLAN

2.750

(%)

OTHERS ATLAN HOLDINGS BHD. ("AHB" or "the Company") -PROPOSED LISTING OF UNITED INDUSTRIES HOLDINGS SDN BHD ("UIH"), A SUBSIDIARY COMPANY OF AHB, ON THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("HKEX") ("PROPOSED LISTING")

ATLAN HOLDINGS BHD

Type Announcement
Subject OTHERS
Description
ATLAN HOLDINGS BHD. ("AHB" or "the Company") 
-PROPOSED LISTING OF UNITED INDUSTRIES HOLDINGS SDN BHD ("UIH"), A SUBSIDIARY COMPANY OF AHB, ON THE GROWTH ENTERPRISE MARKET ("GEM") OF THE STOCK EXCHANGE OF HONG KONG LIMITED ("HKEX") ("PROPOSED LISTING")

(Unless otherwise defined, all capitalised terms used and not defined herein shall have the same meanings ascribed to them in the earlier announcement dated 19 July 2019)

 

Further to the Company’s announcement on 19 July 2019 pertaining to the Company’s intention to explore the possibility of listing its subsidiary company, UIH, on the GEM of the HKEX, the Company wishes to inform that the Board of Directors has decided to abort the Proposed Listing in view of the current global economic headwinds and downward pressure on the economy. Hence, the Proposed Listing of UIH on the GEM of the HKEX is no longer feasible.

 

This announcement is dated 23 July 2020.






Announcement Info

Company Name ATLAN HOLDINGS BHD
Stock Name ATLAN
Date Announced 23 Jul 2020
Category General Announcement for PLC
Reference Number GA1-15072020-00046