General Announcement for PLC

18/06/2019

MULTIPLE PROPOSALS ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY") I. PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES TO RAISE PROCEEDS OF APPROXIMATELY RM50 MILLION; II. PROPOSED EXEMPTION; AND III. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF ADVENTA (COLLECTIVELY, THE "FUND RAISING PROPOSAL")

ADVENTA BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
ADVENTA BERHAD ("ADVENTA" OR THE "COMPANY")

I. PROPOSED RIGHTS ISSUE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES TO RAISE PROCEEDS OF APPROXIMATELY RM50 MILLION; 
II. PROPOSED EXEMPTION; AND
III. PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF ADVENTA

(COLLECTIVELY, THE "FUND RAISING PROPOSAL")

This announcement is dated 18 June 2019.

 

Reference is made to the various announcements by AmInvestment Bank Berhad (“AmInvestment Bank”) on behalf of Adventa in relation to the Fund Raising Proposal dated 24 August 2018, 27 August 2018, 24 October 2018, and 12 November 2018; and the announcement for the Proposed Disposal by Adventa to Synergy Sterilisation (M) Sdn Bhd of its wholly-owned subsidiary Electron Beam Sdn. Bhd. (“Proposed E-Beam Disposal”) dated 28 May 2019.

 

On behalf of Adventa, AmInvestment Bank wishes to announce that the Board of Adventa, after deliberation, resolved that the Fund Raising Proposal shall be put on hold until the completion of the Proposed E-Beam Disposal.

 



Announcement Info

Company Name ADVENTA BERHAD
Stock Name ADVENTA
Date Announced 18 Jun 2019
Category General Announcement for PLC
Reference Number GA1-18062019-00028


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