General Announcement for PLC

06/05/2022

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MATANG BERHAD ("MATANG" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

MATANG BERHAD

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

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of Matang ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Matang to third party investor(s) to be identified later at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act 2016 ("Proposed Private Placement").

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

 

This announcement is dated 6 May 2022.




Please refer attachment below.



Announcement Info

Company Name MATANG BERHAD
Stock Name MATANG
Date Announced 06 May 2022
Category General Announcement for PLC
Reference Number GA1-06052022-00036