SASBADI

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SASBADI HOLDINGS BERHAD ("SASBADI HOLDINGS" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 42,909,850 NEW ORDINARY SHARES IN SASBADI HOLDINGS ("SASBADI HOLDINGS SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SASBADI HOLDINGS ("PRIVATE PLACEMENT")

SASBADI HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO 42,909,850 NEW ORDINARY SHARES IN SASBADI HOLDINGS ("SASBADI HOLDINGS SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SASBADI HOLDINGS ("PRIVATE PLACEMENT")

(Unless otherwise defined, terms used in this announcement shall carry the same meanings as set out in the announcements dated 14 September 2020, 15 September 2020, 18 September 2020, 1 March 2021, 11 March 2021 and 2 September 2021 in relation to the Private Placement (“Announcements”))

We refer to the Announcements in relation to the Private Placement.

On behalf of the Board of Directors of Sasbadi Holdings, Alliance Investment Bank Berhad wishes to announce that the Company had obtained the approval of Bursa Malaysia Securities Berhad vide its letter dated 13 September 2021 for an extension of time of 6 months until 17 March 2022 to complete the implementation of the Private Placement.

This announcement is dated 13 September 2021.






Announcement Info

Company Name SASBADI HOLDINGS BERHAD
Stock Name SASBADI
Date Announced 13 Sep 2021
Category General Announcement for PLC
Reference Number GA1-13092021-00067