NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
| PRICEWORTH INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT |
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On behalf of the Board of Directors of PWI ("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 in PWI (excluding treasury shares, if any), to third party investor(s) to be identified later at an issue price to be determined later, pursuant to Sections 75 and 76 of 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 29 November 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | PRICEWORTH INTERNATIONAL BERHAD |
| Stock Name | PWORTH |
| Date Announced | 29 Nov 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26112021-00010 |