NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF ICONIC TO INDEPENDENT INVESTORS TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED LATER
ICONIC WORLDWIDE BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF ICONIC TO INDEPENDENT INVESTORS TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED LATER |
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 22 September 2020 in relation to the Private Placement (“Announcement”)
On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 9 October 2020, approved the listing of and quotation for up to 97,114,200 Placement Shares to be issued pursuant to the Private Placement, subject to the following conditions:-
1. Iconic and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Private Placement;
2. Iconic and M&A Securities to inform Bursa Securities upon the completion of the Private Placement; and
3. Iconic to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed.
This announcement is dated 9 October 2020. |
Announcement Info
Company Name | ICONIC WORLDWIDE BERHAD |
Stock Name | ICONIC |
Date Announced | 09 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-09102020-00101 |