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Additional Listing Announcement /Subdivision of Shares

GRAND-FLO BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal Private placement of new ordinary shares in Grand-Flo of up to 10% of the Companys existing issued share capital
No. of shares issued under this corporate proposal 14,500,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.2600
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 497,615,711
Issued Share Capital ($$) Malaysian Ringgit (MYR) 66,619,846.000
Listing Date 18 Dec 2019


Remarks :
The number of units and issued share capital of the Company includes 12,698,000 treasury shares amounting to RM2,893,864.

The Private Placement will be implemented on a staggered basis and the issue price and number of placement shares to be issued for subsequent tranche(s), if any, will be determined and announced by the Company separately.


Announcement Info

Company Name GRAND-FLO BERHAD
Stock Name GRANFLO
Date Announced 17 Dec 2019
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-17122019-00007




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