General Announcement for PLC

02/11/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SALCON BERHAD ("SALCON" OR THE "COMPANY) PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SALCON ("PRIVATE PLACEMENT")

SALCON BERHAD

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

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES) OF SALCON ("PRIVATE PLACEMENT")

(Reference is made to the announcement dated 28 September 2020 in relation to the above (“Announcement”). Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.)

 

On behalf of the Board, Affin Hwang IB wishes to announce that the Private Placement has been completed today.

 

A total of 165,300,000 new Salcon Shares were placed out pursuant to the Private Placement. The 139,000,000 and 26,300,000 Placement Shares, being the first and final tranche of the Placement Shares, were listed and quoted on the Main Market of Bursa Securities on 22 October 2020 and 2 November 2020, respectively.

 

This announcement is dated 2 November 2020.






Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 02 Nov 2020
Category General Announcement for PLC
Reference Number GA1-30102020-00079