NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING IVORY PROPERTIES GROUP BERHAD ("IVORY" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
| IVORY PROPERTIES GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | IVORY PROPERTIES GROUP BERHAD ("IVORY" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT |
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On behalf of the Board of Directors of Ivory ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of Ivory ("Ivory Share(s)" or "Share(s)") (excluding treasury shares, if any) to third party investor(s) to be identified later at an issue price to be determined later in accordance with the general mandate pursuant to the Companies Act 2016 ("Act") ("Proposed Private Placement"). Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 6 October 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | IVORY PROPERTIES GROUP BERHAD |
| Stock Name | IVORY |
| Date Announced | 06 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06102021-00090 |