General Announcement for PLC

03/04/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 21,599,999 NEW ORDINARY SHARES IN XHH ("SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF XHH AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED PRIVATE PLACEMENT")

XIN HWA HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 21,599,999 NEW ORDINARY SHARES IN XHH ("SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF XHH AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED PRIVATE PLACEMENT")

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in XHH’s announcements dated 26 September 2018, 27 September 2018, 28 September 2018, 2 October 2018, 15 March 2019, 21 March 2019 and 13 September 2019, 19 September 2019 and 17 March 2020.

Reference is made to the announcements dated 26 September 2018, 27 September 2018, 28 September 2018, 2 October 2018, 15 March 2019, 21 March 2019, 13 September 2019, 19 September 2019 and 17 March 2020 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of XHH, Public Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 3 April 2020, approved the application for an extension of time until 1 October 2020 for XHH to complete the implementation of the Proposed Private Placement.

 

This announcement is dated 3 April 2020.



Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 03 Apr 2020
Category General Announcement for PLC
Reference Number GA1-03042020-00062


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