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Multiple Proposals
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description |
SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY") I. PROPOSED NEW RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/ OR TRADING NATURE ENTERED INTO BETWEEN SCIB GROUP OF COMPANIES AND SERBA DINAMIK HOLDINGS BERHAD GROUP OF COMPANIES; AND II. PROPOSED PRIVATE PLACEMENT OF UP TO APPROXIMATELY 30.0% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF SCIB, TO IDENTIFIED PLACEE(S) AT AN ISSUE PRICE TO BE DETERMINED LATER |
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The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the proposals.
We refer to the announcement made by UOB Kay Hian Securities (M) Sdn Bhd ("UOB Kay Hian"), on behalf of the Board on 7 April 2020 in relation to the Proposals.
On behalf of the Board, UOB Kay Hian wishes to announce that the listing application pursuant to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 22 April 2020.
This announcement is dated 22 April 2020. |
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Announcement Info
| Company Name | SARAWAK CONSOLIDATED INDUSTRIES BERHAD |
| Stock Name | SCIB |
| Date Announced | 22 Apr 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22042020-00037 |
