News

Unless otherwise defined, the definitions set out in the announcement dated 21 January 2020, 22 January 2020 and 18 February 2020 shall apply herein.

On behalf of the Board of Directors of Prestariang, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 20 February 2020, approved the listing of and quotation of up to 48,230,100 Placement Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

(a) Prestariang and M&A Securities must fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed Private Placement;

(b) Prestariang and M&A Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(c) Prestariang 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.

Prestariang is required to ensure full compliance of all the requirements as provided under the MMLR at all times.

This announcement is dated 20 February 2020.