PRIVA

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRIVASIA TECHNOLOGY BERHAD ("PTB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 55,820,000 NEW ORDINARY SHARES IN PTB ("PTB SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF PTB ("PROPOSED PRIVATE PLACEMENT")

PRIVASIA TECHNOLOGY BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 55,820,000 NEW ORDINARY SHARES IN PTB ("PTB SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF PTB ("PROPOSED PRIVATE PLACEMENT")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcement dated 9 September 2020, 10 September 2020 and 28 September 2020 in relation to the Proposed Private Placement (“Announcements”))

 

We refer to the Announcements in relation to the Proposed Private Placement.

 

On behalf of the Board of Directors of PTB, Alliance Investment Bank Berhad (“AIBB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 30 September 2020, approved the listing and quotation of up to 55,820,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

 

(i) PTB and AIBB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

 

(ii) PTB and AIBB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

 

(iii) PTB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

 

 

This announcement is dated 30 September 2020.






Announcement Info

Company Name PRIVASIA TECHNOLOGY BERHAD
Stock Name PRIVA
Date Announced 30 Sep 2020
Category General Announcement for PLC
Reference Number GA1-30092020-00079