AMBANK

4.190

+0.02 (+0.5%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AMMB HOLDINGS BERHAD ("AMMB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

AMMB HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT

Reference is made to the announcements on 1 April 2021 in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, AmInvestment Bank is pleased to announce that Bursa Securities had, vide its letter dated 2 April 2021, approved the listing and quotation for 300,000,000 Placement Shares to be issued pursuant to the Proposed Private Placement.

 

The aforesaid approval is subject to, inter-alia, the following conditions:-

  1. AMMB and AmInvestment Bank must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;
  2. Approval from Bank Negara Malaysia (if required) for the Proposed Private Placement;
  3. AMMB and AmInvestment Bank to inform Bursa Securities upon the completion of the Proposed Private Placement; and
  4. AMMB 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.

For avoidance of doubt, in relation to condition (2) above, the Company wish to confirm that Bank Negara Malaysia’s approval is not required for the Proposed Private Placement.

 

This announcement is dated 2 April 2021.






Announcement Info

Company Name AMMB HOLDINGS BERHAD
Stock Name AMBANK
Date Announced 02 Apr 2021
Category General Announcement for PLC
Reference Number GA1-02042021-00092