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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINTAI KINDEN CORPORATION BERHAD ("BKCB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

BINTAI KINDEN CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
BINTAI KINDEN CORPORATION BERHAD ("BKCB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of BKCB, Inter-Pacific Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 281,536,000 new ordinary shares in the Company (“BKCB Shares” or “Shares”) (“Placement Shares”), representing 30% of the existing total number of issued Shares, to independent third-party investor(s) to be identified later (“Proposed Private Placement”).

 

Please refer to the attachment for further details on the Proposed Private Placement.

 

This announcement is dated 1 December 2023.




Please refer attachment below.



Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 01 Dec 2023
Category General Announcement for PLC
Reference Number GA1-01122023-00109



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