General Announcement for PLC

25/02/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WIDAD GROUP BERHAD ("WIDAD" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 245,464,100 NEW ORDINARY SHARES IN WIDAD ("WIDAD SHARES" OR "SHARES"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED 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 245,464,100 NEW ORDINARY SHARES IN WIDAD ("WIDAD SHARES" OR "SHARES"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED 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 10% of the issued shares of Widad (“Proposed Private Placement”).

 

Further information on the Proposed Private Placement is disclosed in the attachment herein.

 

This announcement is dated 25 February 2020.


Please refer attachment below.


Announcement Info

Company Name WIDAD GROUP BERHAD
Stock Name WIDAD
Date Announced 25 Feb 2020
Category General Announcement for PLC
Reference Number GA1-25022020-00013


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