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MULTIPLE PROPOSALS IDEAL UNITED BINTANG INTERNATIONAL BERHAD ("IUBI" OR THE "COMPANY") ACQUISITION; PRIVATE PLACEMENT; SHARE SPLIT; AND SHAREHOLDERS AGREEMENT (COLLECTIVELY, THE "PROPOSALS")

IDEAL UNITED BINTANG INTERNATIONAL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
IDEAL UNITED BINTANG INTERNATIONAL BERHAD ("IUBI" OR THE "COMPANY")

	ACQUISITION;
	PRIVATE PLACEMENT;
	SHARE SPLIT; AND
	SHAREHOLDERS AGREEMENT

(COLLECTIVELY, THE "PROPOSALS")

Unless otherwise redefined, the abbreviated terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the above Proposals.

 

On behalf of the Board of Directors of IUBI, M&A Securities wishes to announce that an application has been submitted to Bursa Securities to seek an extension of time of 6 months up to 22 February 2021 to implement the Share Split.

 

This announcement is dated 30 July 2020.






Announcement Info

Company Name IDEAL UNITED BINTANG INTERNATIONAL BERHAD
Stock Name IDEAL
Date Announced 30 Jul 2020
Category General Announcement for PLC
Reference Number GA1-30072020-00014




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