Additional Listing Announcement /Subdivision of Shares
| LUXCHEM CORPORATION BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | Private Placement of 15,000,000 new ordinary shares in Luxchem Corporation Berhad pursuant to Sections 75and 76 of the Companies Act 2016 |
| No. of shares issued under this corporate proposal | 15,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.7300 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 985,808,553 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 241,277,662.610 |
| Listing Date | 25 Feb 2021 |
| Remarks : |
Arising from the migration to the no par value regime under the Companies Act 2016 ("CA 2016"), par value is no longer relevant. Pursuant to Section 74 of the CA 2016, the latest share capital and number of issued shares of the Company is represented by 985,808,553 ordinary shares, equivalent to RM241,277,662.61. |
Announcement Info
| Company Name | LUXCHEM CORPORATION BERHAD |
| Stock Name | LUXCHEM |
| Date Announced | 24 Feb 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-24022021-00025 |