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New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackOct 28, 2024
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description SARAWAK CONSOLIDATED INDUSTRIES BERHAD ("SCIB" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 65,873,763 NEW ORDINARY SHARES IN SCIB ("SCIB SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of SCIB ("Board"), Malacca Securities Sdn Bhd ("Malacca Securities") wishes to announce that the Company proposes to undertake a private placement of up to 65,873,763 new SCIB Shares ("Placement Shares"), representing 10% of the total number of issued SCIB Shares, excluding treasury shares, if any.

Further details in relation to the Proposed Private Placement are set out in the enclosed attachment.

This announcement is dated 28 October 2024.

Please refer attachment below.


Announcement Info

Company Name SARAWAK CONSOLIDATED INDUSTRIES BERHAD
Stock Name SCIB
Date Announced 28 Oct 2024
Category General Announcement for PLC
Reference Number GA1-28102024-00067

Attachments

  1. SCIB_-_Proposed_Private_Placement_20241028.pdf (Size: 313,290 bytes)