NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
| ADVANCECON HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT |
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On behalf of the Board of Directors of Advancecon ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a proposed private placement of up to 20% of the total number of issued shares of Advancecon ("Advancecon Share(s)" or "Share(s)") (excluding treasury shares) to third party investor(s) to be identified later at an issue price to be determined and announced later ("Proposed Private Placement"). Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 13 January 2023. |
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Please refer attachment below.
Announcement Info
| Company Name | ADVANCECON HOLDINGS BERHAD |
| Stock Name | ADVCON |
| Date Announced | 13 Jan 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13012023-00039 |