FIHB

0.545

+0.01 (+1.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING FEDERAL INTERNATIONAL HOLDINGS BERHAD ("FIHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FIHB ("PROPOSED PRIVATE PLACEMENT")

FEDERAL INTERNATIONAL HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FIHB ("PROPOSED PRIVATE PLACEMENT")

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those defined in the previous announcement(s) in relation to the Proposed Private Placement)

 

On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 23 March 2021, approved the listing and quotation of up to 17,852,600 new ordinary shares in FIHB to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

 

  1. FIHB and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement; 
  2. FIHB and M&A Securities are required to inform Bursa Securities upon the completion of the Proposed Private Placement; 
  3. M&A Securities is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed; and
  4. M&A Securities is required to furnish Bursa Securities with details of the placees in accordance with paragraph 6.15 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new shares to be issued pursuant to the Proposed Private Placement.

 

This announcement is dated 23 March 2021.






Announcement Info

Company Name FEDERAL INTERNATIONAL HOLDINGS BERHAD
Stock Name FIHB
Date Announced 23 Mar 2021
Category General Announcement for PLC
Reference Number GA1-23032021-00050