NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MEGA SUN CITY HOLDINGS BERHAD ("MEGA SUN" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 25,048,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PRIVATE PLACEMENT")
| MEGA SUN CITY HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | MEGA SUN CITY HOLDINGS BERHAD ("MEGA SUN" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 25,048,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY, TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PRIVATE PLACEMENT") |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 June 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements in relation to the Private Placement dated 16 June 2020, 25 June 2020, 26 June 2020, 6 July 2020 and 22 July 2020.
On behalf of the Board, Mercury Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 13,048,000 Placement Shares, being the last tranche of Placement Shares for the Private Placement, on the ACE Market of Bursa Securities on 30 July 2020.
This announcement is dated 30 July 2020. |
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Announcement Info
| Company Name | MEGA SUN CITY HOLDINGS BERHAD |
| Stock Name | MEGASUN |
| Date Announced | 30 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30072020-00057 |