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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING UNITRADE INDUSTRIES BERHAD ("UIB OR COMPANY") 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 ("PRIVATE PLACEMENT")

UNITRADE INDUSTRIES BERHAD

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

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 ("PRIVATE PLACEMENT")

Unless otherwise defined, the definitions set out in the announcement dated 27 February 2024 shall apply herein.

 

On behalf of the Board of Directors of UIB, M&A Securities is pleased to announce the completion of the first tranche of the Private Placement following the listing of and quotation for 68,220,000 Placement Shares on the ACE Market of Bursa Securities with effect from 9.00 a.m., 27 May 2024.

 

 

This announcement is dated 27 May 2024.






Announcement Info

Company Name UNITRADE INDUSTRIES BERHAD
Stock Name UNITRAD
Date Announced 27 May 2024
Category General Announcement for PLC
Reference Number GA1-27052024-00033



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