(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 16 February 2015 and 18 February 2015 in relation to the Proposed Private Placement 2 ("Announcements"))
We refer to the Announcements in relation to the Proposed Private Placement 2.
On behalf of the Board of Directors of PESTECH, Alliance Investment Bank Berhad ("Alliance") wishes to announce that Bursa Securities had, vide its letter dated 11 March 2015 (which was received on 13 March 2015), approved the listing of and quotation for up to 9,700,000 new ordinary shares of RM0.50 each to be issued pursuant to the Proposed Private Placement 2, subject to the following conditions:-
(i) PESTECH and Alliance must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement 2;
(ii) PESTECH and Alliance to inform Bursa Securities upon the completion of the Proposed Private Placement 2; and
(iii) PESTECH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities approval once the Proposed Private Placement 2 is completed.
This announcement is dated 13 March 2015.