PERMAJU

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 54,500,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING APPROXIMATELY 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

PERMAJU INDUSTRIES BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 54,500,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING APPROXIMATELY 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 54,500,000 new ordinary shares in the Company, representing approximately 10% of the existing total number of issued shares of the Company (excluding treasury shares) to independent third-party investor(s) to be identified later and at an issue price to be determined later.

 

Please refer to the attachment for further details on the above.

 

This announcement is dated 18 December 2020.

 




Please refer attachment below.



Announcement Info

Company Name PERMAJU INDUSTRIES BERHAD
Stock Name PERMAJU
Date Announced 18 Dec 2020
Category General Announcement for PLC
Reference Number GA1-18122020-00113