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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

ASIA POLY HOLDINGS BERHAD

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

PROPOSED PRIVATE PLACEMENT

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 24 August 2020, 27 August 2020 and 10 September 2020 in relation to the Proposed Private Placement.

On behalf of the Board of Directors Asia Poly, UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 10 September 2020, resolved to approve the listing and quotation of up to 162,557,742 Placement Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

i.          ASIAPLY and UOBKH must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;

ii.          ASIAPLY and UOBKH to inform Bursa Securities upon the completion of the Proposed Private Placement; and

iii.         ASIAPLY 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 10 September 2020.






Announcement Info

Company Name ASIA POLY HOLDINGS BERHAD
Stock Name ASIAPLY
Date Announced 10 Sep 2020
Category General Announcement for PLC
Reference Number GA1-10092020-00055




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