General Announcement for PLC

29/08/2022

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF DIGISTAR PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")

DIGISTAR CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
DIGISTAR CORPORATION BERHAD ("DIGISTAR" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF DIGISTAR PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Digistar, UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Company proposes to undertake a proposed private placement of up to 69,927,391 new ordinary shares in Digistar, representing up to approximately 20% of the total number of issued shares of Digistar to independent third party investor(s) to be identified later, at an issue price to be determined and announced at a later date in accordance with the general mandate pursuant to Sections 75 and 76 of the Act.

 

Further details of the Proposed Private Placement are set out in the attachment below. 

 

This announcement is dated 29 August 2022.


Please refer attachment below.


Announcement Info

Company Name DIGISTAR CORPORATION BERHAD
Stock Name DIGISTA
Date Announced 29 Aug 2022
Category General Announcement for PLC
Reference Number GA1-29082022-00082


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