MSC

2.280

+0.03 (+1.3%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALAYSIA SMELTING CORPORATION BERHAD ("MSC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MSC ("MSC SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 5% OF THE TOTAL NUMBER OF ISSUED MSC SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

MALAYSIA SMELTING CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MALAYSIA SMELTING CORPORATION BERHAD ("MSC" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MSC ("MSC SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 5% OF THE TOTAL NUMBER OF ISSUED MSC SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcements dated 15 July 2021 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 19 July 2021, approved the listing of and quotation for up to 20,000,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

 

(i) MSC and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;

 

(ii) MSC and TA Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and

 

(iii) MSC and TA Securities 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.

 

This announcement is dated 19 July 2021.






Announcement Info

Company Name MALAYSIA SMELTING CORPORATION BERHAD
Stock Name MSC
Date Announced 19 Jul 2021
Category General Announcement for PLC
Reference Number GA1-19072021-00114