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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING UNITRADE INDUSTRIES BERHAD ("UIB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 156,250,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING NOT MORE THAN 10.0% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN UIB

UNITRADE INDUSTRIES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
UNITRADE INDUSTRIES BERHAD ("UIB" OR "COMPANY") 

PROPOSED PRIVATE PLACEMENT OF UP TO 156,250,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING NOT MORE THAN 10.0% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN UIB

On behalf of the Board of Directors of UIB, M & A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 10.0% of the total number of issued ordinary shares in UIB, (excluding treasury shares, if any), at any point in time, at an issue price to be determined and fixed at a later date ("Proposed Private Placement").

 

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

 

This announcement is dated 27 February 2024.

 

 




Please refer attachment below.



Announcement Info

Company Name UNITRADE INDUSTRIES BERHAD
Stock Name UNITRAD
Date Announced 27 Feb 2024
Category General Announcement for PLC
Reference Number GA1-27022024-00059



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