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Additional Listing Announcement /Subdivision of Shares

HB GLOBAL LIMITED

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN HB GLOBAL LIMITED ("HB GLOBAL") ("HB GLOBAL SHARES") PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 4,280,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.1170
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 781,993,740
Issued Share Capital ($$) Chinese Yuan (CNY) 260,126,174.810
Listing Date 06 Jul 2023


Remarks :
The 4,280,000 HB Global Shares were allotted and issued pursuant to the Private Placement that was announced on 28 June 2022. The Company had allotted and issued 11,980,000 Placement Shares and does not wish to place out the remaining Placement Shares. Therefore, the Private Placement is deemed completed on 6 July 2023.

For information purpose, the Private Placement was implemented in Ringgit Malaysia (RM) and translated into Chinese Yuan (CNY) based on the middle rate (CNY1: RM0.6446) of Bank Negara Malaysia as at 5.00 p.m. on the allotment date of 4 July 2023. This translation should not be construed as a representation that CNY amounts actually represented, have been or could be converted in RM at this or any other rate.


Announcement Info

Company Name HB GLOBAL LIMITED
Stock Name HBGLOB
Date Announced 05 Jul 2023
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-04072023-00006



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