CRESBLD

0.490

-0.01 (-2%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CREST BUILDER HOLDINGS BERHAD (“CBHB” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 48,632,267 NEW ORDINARY SHARES IN CBHB

CREST BUILDER HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
CREST BUILDER HOLDINGS BERHAD (“CBHB” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 48,632,267 NEW ORDINARY SHARES IN CBHB

On behalf of the Board of Directors of CBHB, Kenanga Investment Bank Berhad (“Kenanga IB”) wishes to announce that the Company proposes to undertake a private placement which involves the issuance of up to 48,632,267 new ordinary shares in CBHB, representing approximately 30% of the total number of issued shares in CBHB (excluding treasury shares) (“Proposed Private Placement”).


Please refer to the attachment for further details on the Proposed Placement.


This announcement is dated 21 March 2025.




Please refer attachment below.



Announcement Info

Company Name CREST BUILDER HOLDINGS BERHAD
Stock Name CRESBLD
Date Announced 21 Mar 2025
Category General Announcement for PLC
Reference Number GA1-21032025-00123