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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PETERLABS HOLDINGS BERHAD ("PHB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 21,473,990 NEW ORDINARY SHARES IN PHB ("PHB SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF PHB ("PROPOSED PRIVATE PLACEMENT")

PETERLABS HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
PETERLABS HOLDINGS BERHAD ("PHB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 21,473,990 NEW ORDINARY SHARES IN PHB ("PHB SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING APPROXIMATELY TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF PHB ("PROPOSED PRIVATE PLACEMENT")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcement dated 13 July 2020, 14 July 2020 and 21 July 2020 in relation to the Proposed Private Placement (“Announcements”))

 

We refer to the Announcements in relation to the Proposed Private Placement.

 

On behalf of the Board of Directors of PHB, Alliance Investment Bank Berhad (“AIBB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 22 July 2020 (which was received on 23 July 2020), approved the listing and quotation of up to 21,473,990 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

 

(i)   PHB and AIBB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

 

(ii)  PHB and AIBB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

 

(iii) PHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

 

 

This announcement is dated 23 July 2020.






Announcement Info

Company Name PETERLABS HOLDINGS BERHAD
Stock Name PLABS
Date Announced 23 Jul 2020
Category General Announcement for PLC
Reference Number GA1-23072020-00009




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