General Announcement

11/03/2009

SANICHI TECHNOLOGY BERHAD (STB) PROPOSED PRIVATE PLACEMENT OF UP TO 11,350,000 NEW ORDINARY SHARES OF RM0.10 EACH IN STB, REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF STB, AT AN ISSUE PRICE TO BE DETERMINED LATER (PROPOSED PRIVATE PLACEMENT)

SANICHI TECHNOLOGY BERHAD

TypeAnnouncement
SubjectSANICHI TECHNOLOGY BERHAD (STB)
PROPOSED PRIVATE PLACEMENT OF UP TO 11,350,000 NEW ORDINARY SHARES OF RM0.10 EACH IN STB, REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF STB, AT AN ISSUE PRICE TO BE DETERMINED LATER (PROPOSED PRIVATE PLACEMENT)
ContentsReference is made to the announcement dated 13 August 2008, wherein the Securities Commission (SC) had approved an extension of time up to 18 February 2009 for STB to complete the Proposed Private Placement.

In respect of the above, Alliance Investment Bank Berhad, on behalf of the Board of Directors of STB, wishes to announce that the SC had vide its letter dated 11 March 2009 approved a further extension of time up to 18 August 2009 for STB to complete the Proposed Private Placement. The terms and conditions stipulated in the SCs initial approval letter dated 18 February 2008 remained unchanged.


This announcement is dated 11 March 2009.

Announcement Info

Company NameSANICHI TECHNOLOGY BERHAD (MESDAQ Market) 
Stock Name SANICHI
Date Announced11 Mar 2009  
CategoryGeneral Announcement
Reference NoMM-090311-64519

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