SASBADI

0.170

-0.005 (-2.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SASBADI HOLDINGS BERHAD ("SASBADI HOLDINGS" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 42,909,850 NEW ORDINARY SHARES IN SASBADI HOLDINGS ("SASBADI HOLDINGS SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SASBADI HOLDINGS ("PRIVATE PLACEMENT")

SASBADI HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO 42,909,850 NEW ORDINARY SHARES IN SASBADI HOLDINGS ("SASBADI HOLDINGS SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SASBADI HOLDINGS ("PRIVATE PLACEMENT")

(Unless otherwise defined, terms used in this announcement shall carry the same meanings as set out in the announcements dated 14 September 2020, 15 September 2020 and 18 September 2020 in relation to the Private Placement (“Announcements”))

 

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

 

On behalf of the Board of Directors of Sasbadi Holdings (“Board”), Alliance Investment Bank Berhad wishes to announce that the Company had on even date submitted an application to seek Bursa Securities’ approval for an extension of time to implement the Private Placement.

 

 

This announcement is dated 1 March 2021.






Announcement Info

Company Name SASBADI HOLDINGS BERHAD
Stock Name SASBADI
Date Announced 01 Mar 2021
Category General Announcement for PLC
Reference Number GA1-01032021-00095