SAM

4.980

-0.06 (-1.2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" OR THE "COMPANY") PROPOSED BONUS ISSUE

SAM ENGINEERING & EQUIPMENT (M) BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
SAM ENGINEERING & EQUIPMENT (M) BERHAD ("SAMEE" OR THE "COMPANY")

PROPOSED BONUS ISSUE

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 6 January 2022 in relation to the Proposed Bonus Issue, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the announcement dated 6 January 2022 in relation to the Proposed Bonus Issue.

 

On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities has, vide its letter dated 13 January 2022, resolved to approve the listing and quotation for up to 406,049,691 Bonus Shares to be issued pursuant to the Proposed Bonus Issue on the Main Market of Bursa Securities.

 

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

 

(i)         SAMEE and Mercury 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 Bonus Issue;

 

(ii)         SAMEE and Mercury Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

 

(iii)        SAMEE / Mercury Securities to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the forthcoming general meeting for the Proposed Bonus Issue;

 

(iv)        SAMEE and Mercury Securities 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

 

(v)        SAMEE and Mercury Securities are required to make the relevant announcements pursuant to Paragraphs 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements.

 

 

This announcement is dated 13 January 2022.






Announcement Info

Company Name SAM ENGINEERING & EQUIPMENT (M) BERHAD
Stock Name SAM
Date Announced 13 Jan 2022
Category General Announcement for PLC
Reference Number GA1-13012022-00036