LAMBO

0.030

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING LAMBO GROUP BERHAD ("LAMBO" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 813,303,899 NEW ORDINARY SHARES IN LAMBO, REPRESENTING UP TO APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF LAMBO, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER

LAMBO GROUP BERHAD

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

PRIVATE PLACEMENT OF UP TO 813,303,899 NEW ORDINARY SHARES IN LAMBO, REPRESENTING UP TO APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF LAMBO, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 15 July 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcements dated 15 July 2020, 24 July 2020, 24 August 2020 and 14 September 2020 in relation to the Private Placement.

 

On behalf of the Board, Mercury Securities wishes to announce that the Private Placement is deemed completed following the listing and quotation of 513,303,800 Placement Shares, being the final tranche of Placement Shares for the Private Placement, on the ACE Market of Bursa Securities on 18 September 2020.

 

This announcement is dated 18 September 2020.






Announcement Info

Company Name LAMBO GROUP BERHAD
Stock Name LAMBO
Date Announced 18 Sep 2020
Category General Announcement for PLC
Reference Number GA1-17092020-00089