TDM

0.250

-0.015 (-5.7%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TDM BERHAD ("TDM" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TDM IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")

TDM BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TDM IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTION 75 AND SECTION 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")

This announcement is dated 10 September 2020.

 

Reference is made to the Company’s announcements dated 3 March 2020, 6 March 2020 13 March 2020, 17 July 2020 and 24 July 2020 in relation to the Proposed Private Placement (“Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

 

Reference is also made to the Bursa Securities’ approval letter dated 11 March 2020 for the listing application in relation to the Proposed Private Placement.

 

In accordance with Paragraph 6.62(1) of Chapter 6 of the Main Market Listing Requirements of Bursa Securities, a listed issuer must complete the implementation of a proposal relating to an issuance of securities within six (6) months from the date the listing application is approved by Bursa Securities. 

 

On behalf of the Board of Directors of TDM, AmInvestment Bank Berhad wishes to announce that the abovementioned Bursa Securities’ approval has lapsed on even date.

 

For information, 40,240,000 TDM Shares were issued pursuant to the Proposed Private Placement.






Announcement Info

Company Name TDM BERHAD
Stock Name TDM
Date Announced 10 Sep 2020
Category General Announcement for PLC
Reference Number GA1-10092020-00007