FAST

0.080

-0.005 (-5.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING FAST ENERGY HOLDINGS BERHAD ("FAST ENERGY" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

FAST ENERGY HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of Fast Energy ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Fast Energy ("Fast Energy 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, 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 11 March 2022.




Please refer attachment below.

Attachments

Fast Energy - Announcement .pdf
214.4 kB



Announcement Info

Company Name FAST ENERGY HOLDINGS BERHAD
Stock Name FAST
Date Announced 11 Mar 2022
Category General Announcement for PLC
Reference Number GA1-11032022-00017