General Announcement for PLC
21/07/2022NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 259,250,000 NEW ORDINARY SHARES IN WIDAD
WIDAD GROUP BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 259,250,000 NEW ORDINARY SHARES IN WIDAD |
On behalf of the Board of Directors of Widad (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Company proposes to undertake a private placement of up to 259,250,000 new ordinary shares in Widad (“Widad Shares” or “Shares”), representing not more than 9.42% of the issued ordinary shares in Widad (“Proposed Private Placement”) to investors to be identified later and at an issue price to be determined by the Board and announced later.
Further details of the Proposed Private Placement are as attached. |
Please refer attachment below.
Attachments
Widad - Proposed Private Placement_ 21 July 2022.pdf
|
Announcement Info
Company Name | WIDAD GROUP BERHAD |
Stock Name | WIDAD |
Date Announced | 21 Jul 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-21072022-00048 |
Related Announcements for WIDAD