General Announcement for PLC

19/08/2020

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

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 ("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, 13 September 2019, 19 September 2019, 17 March 2020, 3 April 2020, 10 August 2020 and 18 August 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, 17 March 2020, 3 April 2020, 10 August 2020 and 18 August 2020 in relation to the Private Placement.

On behalf of the Board, PIVB wishes to announce that the first (1st) tranche of the Private Placement has been completed following the listing of and quotation for 5,400,000 Placement Shares on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. today.

 

This announcement is dated 19 August 2020.



Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 19 Aug 2020
Category General Announcement for PLC
Reference Number GA1-19082020-00078


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