General Announcement for PLC

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")

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")

On behalf of the Board of Directors of YKGI (“Board”), UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that the Company proposes to undertake a proposed private placement of up to 10.00% of the total number of issued shares of YKGI (“YKGI Share(s)” or “Share(s)”) to third party investor(s) to be identified at an issue price to be determined in accordance to the general mandate pursuant to Sections 75 and 76 of the Act.

 

Further details on the Proposed Private Placement are set out in the attachment below.

 

This announcement is dated 20 July 2022.


Please refer attachment below.


Announcement Info

Company Name YKGI HOLDINGS BERHAD
Stock Name YKGI
Date Announced 20 Jul 2022
Category General Announcement for PLC
Reference Number GA1-20072022-00027


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