New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
EURO HOLDINGS BERHAD ("EURO" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES OF EURO
Unless otherwise defined, the definitions set out in the announcements dated 19 July 2017 and 31 July 2017 shall apply herein.
On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 2 August 2017, approved the listing of and quotation for up to 24,300,000 new ordinary shares in EURO to be issued pursuant to the Proposed Private Placement on the Main Market of Bursa Securities subject to the following conditions:
(a) EURO and M&A Securities must fully comply with the relevant provisions under the MMLR of Bursa Securities pertaining to the implementation of the Proposed Private Placement;
(b) EURO and M&A Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and
(c) M&A Securities 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.
EURO is also required to ensure full compliance of all the requirements as provided under the MMLR at all times.
This announcement is dated 3 August 2017.
|Company Name||EURO HOLDINGS BERHAD|
|Date Announced||03 Aug 2017|
|Category||General Announcement for PLC|