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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 Company's existing issued share capital
No. of shares issued under this corporate proposal 14,299,711
Issue price per share ($$) Malaysian Ringgit (MYR)   0.2500
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 520,157,422
Issued Share Capital ($$) Malaysian Ringgit (MYR) 72,194,853.750
Listing Date 22 Jul 2020


Remarks :
The number of units and issued share capital of the Company includes 17,606,300 treasury shares amounting to RM4,000,880.

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.

This announcement is dated 21 July 2020.


Announcement Info

Company Name GRAND-FLO BERHAD
Stock Name GRANFLO
Date Announced 21 Jul 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-21072020-00003




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