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Circular/Notice to Shareholders

TFP SOLUTIONS BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED PRIVATE PLACEMENT OF UP TO 62,020,100 NEW ORDINARY SHARES OF TFP ("TFP SHARES"), REPRESENTING APPROXIMATELY 30% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES IN TFP (EXCLUDING 1,279,000 TREASURY SHARES); AND (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 268,754,045 NEW TFP SHARES ("RIGHTS SHARES") TOGETHER WITH UP TO 268,754,045 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE AND 1 WARRANT FOR EVERY 1 EXISTING TFP SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")


Please refer attachment below.

Attachments

TFP - Circular (Proposals).pdf
805.3 kB



Announcement Info

Company Name TFP SOLUTIONS BERHAD
Stock Name TFP
Date Announced 10 Jul 2020
Category Document Submission
Reference Number DCS-09072020-00013




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