New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackApr 15, 2019
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

SUNSURIA BERHAD ("SUNSURIA" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ORDINARY SHARES OF SUNSURIA

We refer to the announcements dated 10 April 2019 and 11 April 2019  in relation to the Proposed Private Placement ("Announcements"). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as those in the Announcements.

On behalf of the Board, IPS and Astramina are pleased to announce that Bursa Securities had resolved to approve the listing and quotation of up to 102,227,576 Sunsuria Shares to be issued pursuant to the Proposed Private Placement on the Main Market of Bursa Securities subject to the following conditions:

1) Sunsuria and IPS must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;

2) Sunsuria and IPS to inform Bursa Securities upon the completion of the Proposed Private Placement; and 

3) Sunsuria and IPS 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. 

This announcement is dated 15 April 2019. 

 


Announcement Info

Company Name SUNSURIA BERHAD
Stock Name SUNSURIA
Date Announced 15 Apr 2019
Category General Announcement for PLC
Reference Number GA1-15042019-00098