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

BackJan 21, 2020
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

PRESTARIANG BERHAD ("PRESTARIANG" OR "THE COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES OF PRESTARIANG ("PROPOSED PRIVATE PLACEMENT")

 

On behalf of the Board of Directors of Prestariang (“Board”), M&A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 48,230,100 new ordinary shares in Prestariang , representing not more than 10% of the total number of issued shares of the Company, to investors to be identified later and at an issue price to be determined by the Board and announced later.

Further details of the Proposed Private Placement are as attached.

 

This announcement is dated 21 January 2020.

 


Announcement Info

Company Name PRESTARIANG BERHAD
Stock Name PRESBHD
Date Announced 21 Jan 2020
Category General Announcement for PLC
Reference Number GA1-21012020-00131