General Announcement for PLC

01/08/2022

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")

YKGI HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")

We refer to the previous announcements dated 20 July 2022, 22 July 2022 and 28 July 2022 in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 1 August 2022, resolved to approve the listing of and quotation for up to 48,123,441 new ordinary shares in YKGI to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

  1. YKGI and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;
  2. YKGI and UOBKH to inform Bursa Securities upon the completion of the Proposed Private Placement;
  3. YKGI and UOBKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed; and
  4. YKGI to furnish Bursa Securities with details of the placees in accordance with Paragraph 6.15 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new shares to be issued pursuant to the Proposed Private Placement.

This announcement is dated 1 August 2022.






Announcement Info

Company Name YKGI HOLDINGS BERHAD
Stock Name YKGI
Date Announced 01 Aug 2022
Category General Announcement for PLC
Reference Number GA1-01082022-00043


Related Announcements for YKGI
Date Title
04/08/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PRIVATE PLACEMENT")
28/07/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
22/07/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
20/07/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PER CENTUM (10.00%) OF THE TOTAL NUMBER OF ISSUED SHARES OF YKGI PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("ACT") ("PROPOSED PRIVATE PLACEMENT")
13/05/2022 MEMORANDUM OF UNDERSTANDING UPDATES ON MEMORANDUM OF UNDERSTANDING BETWEEN ASTEEL DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ASTEEL RESOURCES SDN. BHD. WHICH IN TURN IS 80.36% OWNED BY THE COMPANY AND HORNBILL NETWORKS CONSORTIUM SDN. BHD. ("MOU")
12/04/2022 OTHERS PROPOSED RENEWAL OF AND NEW SHAREHOLDER MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
05/11/2021 MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING BETWEEN ASTEEL DEVELOPMENT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ASTEEL RESOURCES SDN. BHD. WHICH IN TURN IS 80.36% OWNED BY YKGI AND HORNBILL NETWORKS CONSORTIUM SDN. BHD.
27/10/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") SUBSCRIPTION OF UP TO 93,000,000 NEW ORDINARY SHARES IN YKGI ("YKGI SHARE(S)" OR" SHARE(S)") BY MACQUARIE BANK LIMITED ("SUBSCRIPTION")
04/10/2021 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD
28/09/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YKGI HOLDINGS BERHAD ("YKGI" OR THE "COMPANY") SUBSCRIPTION OF UP TO 93,000,000 NEW ORDINARY SHARES IN YKGI ("YKGI SHARE(S)" OR "SHARE(S)") BY MACQUARIE BANK LIMITED ("SUBSCRIPTION")