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Multiple Proposals

BackJun 16, 2020
Type Announcement
Subject MULTIPLE PROPOSALS
Description

SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY")

I. NEW RECURRENT RELATED PARTY TRANSACTIONS; AND

II. PRIVATE PLACEMENT

(COLLECTIVELY, THE "PROPOSALS")

 

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.

 

We refer to the announcements made by UOB Kay Hian Securities (M) Sdn Bhd ("UOB Kay Hian"), on behalf of the Board on 7 April 2020, 22 April 2020, 15 May 2020, 3 June 2020 and 15 June 2020 in relation to the Proposals.

 

On behalf of the Board of Directors of SCIB, UOB Kay Hian wishes to announce that the Placement Shares of 36,750,000 issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Tuesday, 16 June 2020, which marks the completion of the Private Placement.

 

This announcement is dated 16 June 2020.  




Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 16 Jun 2020
Category General Announcement for PLC
Reference Number GA1-16062020-00024