TALAMT

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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TALAM TRANSFORM BERHAD ("TALAM" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN TALAM ("PROPOSED PRIVATE PLACEMENT")

TALAM TRANSFORM BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN TALAM ("PROPOSED PRIVATE PLACEMENT")

Unless otherwise defined, the definitions set out in the announcements dated 26 April 2024, 30 April 2024 and 8 May 2024 (“Announcements”) shall apply herein.

On behalf of the Board of Directors of Talam, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 15 May 2024 (“Approval Letter”), approved the listing of and quotation for up to 429,000,000 new ordinary shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

1. Talam and M&A Securities must fully comply with the relevant provisions under the Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;
2. Talam / M&A Securities to furnish Bursa Securities with a certified true copy of the resolution passed pursuant to Sections 75 and 76 of the Companies Act, 2016, in the event the existing authority has expired prior to the full implementation of the Proposed Private Placement;
3. Talam and M&A Securities to inform Bursa Securities upon the completion of the Proposed Private Placement;
4. Talam 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; and
5. If applicable, payment of additional listing fee based on the final issue price together with a copy of the details of the computation of the amount of listing fees payable.

This announcement is dated 15 May 2024.






Announcement Info

Company Name TALAM TRANSFORM BERHAD
Stock Name TALAMT
Date Announced 15 May 2024
Category General Announcement for PLC
Reference Number GA1-15052024-00058