General Announcement for PLC

09/09/2021

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING UCREST BERHAD ("UCREST") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN UCREST, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

UCREST BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
UCREST BERHAD ("UCREST")

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN UCREST, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

We refer to the announcements made on 26 February 2021, 1 March 2021, 16 March 2021, 17 March 2021, 22 March 2021, 23 March 2021, 29 March 2021, 31 March 2021, 2 April 2021 and 25 August 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Bursa Securities has granted the Company an extension of time of 6 months until 17 March 2022 to complete the implementation of the Private Placement.

 

UCrest may utilise the 20% General Mandate to issue Placement Shares until 31 December 2021, after which, the 10% limit under Rule 6.04(1) of the Listing Requirements will be reinstated.

 

This announcement is dated 9 September 2021.



Announcement Info

Company Name UCREST BERHAD
Stock Name UCREST
Date Announced 09 Sep 2021
Category General Announcement for PLC
Reference Number GA1-09092021-00050


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