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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES TAFI INDUSTRIES BERHAD (TAFI OR THE COMPANY) - PROPOSED BONUS ISSUE OF SHARES; AND - PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY REFERRED TO AS THE PROPOSALS)

TAFI INDUSTRIES BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
TAFI INDUSTRIES BERHAD (TAFI OR THE COMPANY)

-	PROPOSED BONUS ISSUE OF SHARES; AND
-	PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY REFERRED TO AS THE PROPOSALS)

On behalf of the Board of Directors of TAFI (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company proposes to undertake the following:

  1. proposed bonus issue of 252,951,400 new ordinary shares in TAFI (“Bonus Share(s)”) on the basis of two (2) Bonus Shares for every one (1) existing ordinary share in TAFI (“Shares”) held on an entitlement date to be determined and announced later (“Entitlement Date”); and
  2. proposed bonus issue of up to 63,237,850 warrants (“Warrant(s)”) on the basis of 1 Warrant for every 2 existing Shares held on the Entitlement Date.

(Collectively referred to as the “Proposals”)

 

Please refer to the attachment for further details of the Proposals.

 

This announcement is dated 7 December 2021.




Please refer attachment below.



Announcement Info

Company Name TAFI INDUSTRIES BERHAD
Stock Name TAFI
Date Announced 07 Dec 2021
Category General Announcement for PLC
Reference Number GA1-07122021-00039




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