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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SINMAH CAPITAL BERHAD ("SMCAP" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

SINMAH CAPITAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SINMAH CAPITAL BERHAD ("SMCAP" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of SMCAP ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of SMCAP ("SMCAP Share(s)" or "Share(s)") (excluding treasury shares) to third party investor(s) to be identified later, at an issue price to be determined and announced later, in accordance with Sections 75 and 76 of the Companies Act 2016 ("Act") ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

 

This announcement is dated 15 November 2023.




Please refer attachment below.



Announcement Info

Company Name SINMAH CAPITAL BERHAD
Stock Name SMCAP
Date Announced 15 Nov 2023
Category General Announcement for PLC
Reference Number GA1-15112023-00051



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