LBALUM

0.480

+0.035 (+7.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY") PROPOSED BONUS ISSUE

LB ALUMINIUM BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY")

PROPOSED BONUS ISSUE

We refer to the announcements dated 6 July 2021 and 7 July 2021 in relation to the Proposed Bonus Issue (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board of Directors of LBA, AmInvestment Bank is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has vide its letter dated 9 July 2021, granted its approval for the listing of and quotation for up to 186,364,750 Bonus Shares to be issued pursuant to the Proposed Bonus Issue.   

 

The above approval by Bursa Securities are subject to the following conditions:-

  1. LBA and AmInvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements (“LR”) pertaining to the implementation of the Proposed Bonus Issue
  2. LBA and AmInvestment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
  3. LBA/ AmInvestment Bank to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the forthcoming general meeting for the Proposed Bonus Issue;
  4. LBA and AmInvestment Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and
  5. LBA and AmInvestment Bank to make the relevant announcements in accordance with Paragraphs 6.35(2)(a)&(b) and 6.35(4) of the LR.

This announcement is dated 9 July 2021.

 






Announcement Info

Company Name LB ALUMINIUM BERHAD
Stock Name LBALUM
Date Announced 09 Jul 2021
Category General Announcement for PLC
Reference Number GA1-09072021-00055