DATAPRP

0.125

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DATAPREP HOLDINGS BHD ("DHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

DATAPREP HOLDINGS BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
DATAPREP HOLDINGS BHD ("DHB" OR THE "COMPANY")
	
PROPOSED PRIVATE PLACEMENT

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 20 May 2022, 23 May 2022 and 21 June 2022 in relation to the Proposed Private Placement.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 22 June 2022, resolved to approve the listing of and quotation of up to 67,823,041 Placement Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

1) DHB and UOBKH must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;

2) DHB and UOBKH to inform Bursa Securities upon the completion of the Proposed Private Placement;

3) DHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed;

4) DHB to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders of the Company pursuant to Sections 75 and 76 of the Companies Act 2016, in the event the current general mandate expires prior to the completion of the Proposed Private Placement;

5) UOBKH to furnish Bursa Securities with details of the proposed placee(s) as per Paragraph 6.15 of the Listing Requirements for Bursa Securities' clearance, prior to the issuance/ allotment of the Placement Shares; and

6) DHB to provide quarterly updates via Bursa Link (simultaneously with the submission of Quarterly Report) on the following:-

     (i) The status of each of the event, project or purpose for which the total proceeds raised from the Proposed Private Placement are utilised for, including but not limited to, the percentages of completion of the projects/ initiatives;

     (ii) Where relevant, details on where the balance of proceeds raised is being placed (pending utilisation). If it is parked with asset management company/ fund manager, to disclose the name of the asset management company/ fund manager; and

     (iii)  The summary of Placement Shares issued and allotted as follows:-

            (a) Date of price fixing and date of issuance of Placement Shares (each tranche);

            (b) Quantity of Placement Shares issued and allotted;

            (c) Issue price and basis of arriving at the issue price (each tranche); and

            (d) Aggregate number of Placement Shares issued and allotted as at the end of each quarter.

 

 

This announcement is dated 22 June 2022.






Announcement Info

Company Name DATAPREP HOLDINGS BHD
Stock Name DATAPRP
Date Announced 22 Jun 2022
Category General Announcement for PLC
Reference Number GA1-22062022-00070