For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 11 November 2014 in relation to the Proposed Private Placement.
We refer to the Company’s announcements dated 11 November 2014, 18 November 2014 and 21 November 2014 in relation to the Proposed Private Placement.
On behalf of the Board of Directors of YFG, KAF wishes to announce that Bursa Securities had, vide its letter dated 10 April 2015 (which was received on 13 April 2015), resolved to approve the listing and quotation of up to 96,750,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:-
(i) YFG and KAF must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;
(ii) YFG and KAF to inform Bursa Securities upon the completion of the Proposed Private Placement; and
(iii) YFG 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.
This announcement is dated 13 April 2015.