(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 23 August 2013, 28 August 2013 and 20 September 2013 in relation to the Proposed Private Placement ("Announcements")).
We refer to the Announcements in relation to the Proposed Private Placement.
On behalf of the Board of Directors of PESTECH, Bank Islam wishes to announce that Bursa Securities had, vide its letter dated 1 October 2013, approved the listing of and quotation for up to 9,876,200 new ordinary shares of RM0.50 each to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-
I. PESTECH and Bank Islam must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
II. PESTECH and Bank Islam to inform Bursa Securities upon the completion of the Proposed Private Placement; 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 is completed.
This announcement is dated 2 October 2013.