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MULTIPLE PROPOSALS AHB HOLDINGS BHD ("AHB" OR THE "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED SHARE CAPITAL REDUCTION (COLLECTIVELY, THE "PROPOSALS")

AHB HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
AHB HOLDINGS BHD ("AHB" OR THE "COMPANY")

(I)	PROPOSED PRIVATE PLACEMENT; AND 

(II)	PROPOSED SHARE CAPITAL REDUCTION

(COLLECTIVELY, THE "PROPOSALS")

We refer to the announcements made on 15 April 2021 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of AHB, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 22 June 2021, resolved to approve the listing and quotation of up to 111,440,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

 

(i)   AHB and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;

 

(ii)   AHB and TA Securities are required to inform Bursa Securities upon completion of the Proposed Private Placement;

 

(iii)   TA Securities is required 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;

 

(iv)   AHB is required to provide a certified true copy of the resolution passed by shareholders in general meeting approving the Proposed Private Placement; and

 

(v)   TA Securities is required to furnish Bursa Securities with details of the placees in accordance with Paragraph 6.15 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new shares to be issued pursuant to the Proposed Private Placement.

 

This announcement is dated 22 June 2021.






Announcement Info

Company Name AHB HOLDINGS BERHAD
Stock Name AHB
Date Announced 22 Jun 2021
Category General Announcement for PLC
Reference Number GA1-22062021-00094




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