NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING S P SETIA BERHAD ("S P SETIA" OR THE "COMPANY") (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW CLASS C ISLAMIC REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN S P SETIA TO RAISE GROSS PROCEEDS OF UP TO RM1,180.00 MILLION; AND (II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF S P SETIA
| S P SETIA BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | S P SETIA BERHAD ("S P SETIA" OR THE "COMPANY")
(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF NEW CLASS C ISLAMIC REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN S P SETIA TO RAISE GROSS PROCEEDS OF UP TO RM1,180.00 MILLION; AND
(II) PROPOSED AMENDMENTS TO THE CONSTITUTION OF S P SETIA |
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We refer to the announcements dated 27 April 2022 and 29 April 2022 in relation to the Proposed Rights Issue and the Proposed Amendments. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank wishes to announce that Bank Negara Malaysia has indicated that their approval for the issuance of the RCPS-i C to the non-resident shareholders of the Company is not required provided that the gross proceeds raised will be used only in Malaysia.
This Announcement is dated 2 June 2022. |
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Announcement Info
| Company Name | S P SETIA BERHAD |
| Stock Name | SPSETIA |
| Date Announced | 02 Jun 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02062022-00012 |