MHCARE

0.630

+0.01 (+1.6%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING METRO HEALTHCARE BERHAD ("MHB" OR "THE COMPANY") PRIVATE PLACEMENT OF UP TO 20,065,000 NEW ORDINARY SHARES IN MHB ("MHB SHARES") ("PLACEMENT SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN MHB ("PRIVATE PLACEMENT")

METRO HEALTHCARE BERHAD

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

PRIVATE PLACEMENT OF UP TO 20,065,000 NEW ORDINARY SHARES IN MHB ("MHB SHARES") ("PLACEMENT SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN MHB ("PRIVATE PLACEMENT")

(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the earlier announcements in relation to the Private Placement).

We refer to the announcements dated 10 March 2020, 11 March 2020, 18 March 2020, 22 October 2020 and 1 March 2021 in relation to the Private Placement.

On behalf of the Board, Kenanga IB wishes to announce the completion of the second and final tranche of the Private Placement following the listing of and quotation for 3,300,000 Placement Shares on the LEAP Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 8 March 2021.

As at to-date, a total of 4,920,000 Placement Shares have been placed out pursuant to the Private Placement. The Company does not intend to place out the remaining 15,145,000 Placement Shares. As a result, the Private Placement is deemed completed.

This announcement is dated 8 March 2021.






Announcement Info

Company Name METRO HEALTHCARE BERHAD
Stock Name MHCARE
Date Announced 08 Mar 2021
Category General Announcement for PLC
Reference Number GA1-04032021-00047