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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

PRICEWORTH INTERNATIONAL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of PWI ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares in PWI (excluding treasury shares, if any), to third party investor(s) to be identified later at an issue price to be determined later, pursuant to Sections 75 and 76 of the Companies Act, 2016 ("Act") ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

 

This announcement is dated 29 November 2021.




Please refer attachment below.

Attachments

PWI - Announcement Final.pdf
495.4 kB



Announcement Info

Company Name PRICEWORTH INTERNATIONAL BERHAD
Stock Name PWORTH
Date Announced 29 Nov 2021
Category General Announcement for PLC
Reference Number GA1-26112021-00010




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