General Announcement for PLC

07/02/2020

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD

SOUTHERN STEEL BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description 
Mandatory conversion of 5-Year 5% Redeemable Convertible Unsecured Loan Stocks upon maturity ("Mandatory Conversion")

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("LR"), Southern Steel Berhad ("SSB") wishes to announce that it has received a notice from Mr Ang Meng Chuan, the Principal Officer of the Company, informing of the change in his direct interest in the ordinary shares of SSB as follows:

 

Date of Transaction Conversion Price Number of Shares Acquired Percentage (%)
04.02.2020 RM1.05 5,714* 0.00

 

* Mandatory Conversion

 

Mandatory Conversion is exempted under Paragraph 14.06 of the LR.

 

This announcement is dated 7 February 2020.



Announcement Info

Company Name SOUTHERN STEEL BERHAD
Stock Name SSTEEL
Date Announced 07 Feb 2020
Category General Announcement for PLC
Reference Number GA1-07022020-00042


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