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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PUC BERHAD ("PUC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 165,768,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

PUC BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 165,768,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the private placement of up to 165,768,000 new ordinary shares in the Company, representing 20% of the enlarged total number of issued shares of the Company, to independent third-party investors to be identified later and at an issue price to be determined later.

 

Please refer to the attachment for further details on the Proposed Private Placement.

 

This announcement is dated 24 December 2020.




Please refer attachment below.



Announcement Info

Company Name PUC BERHAD
Stock Name PUC
Date Announced 24 Dec 2020
Category General Announcement for PLC
Reference Number GA1-24122020-00016




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