NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TANCO HOLDINGS BERHAD ("TANCO" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO APPROXIMATELY 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF TANCO
| TANCO HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TANCO HOLDINGS BERHAD ("TANCO" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO APPROXIMATELY 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF TANCO |
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On behalf of the Board of Directors of the Company, Kenanga Investment Bank Berhad wishes to announce that the Company poposes to undertake a private placement of up to 176,660,700 new ordinary shares in Tanco (“Shares”) representing up to approximately 10% of the existing total number of issued Shares, to independent third party investor(s) to be identified and at an issue price to be determined and announced at a later date.
Please refer to the attachment for further details.
This announcement is dated 21 October 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | TANCO HOLDINGS BERHAD |
| Stock Name | TANCO |
| Date Announced | 21 Oct 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21102022-00042 |