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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MEGA SUN CITY HOLDINGS BERHAD ("MEGA SUN" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MEGA SUN ("PRIVATE PLACEMENT")

MEGA SUN CITY HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MEGA SUN CITY HOLDINGS BERHAD ("MEGA SUN" OR "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MEGA SUN ("PRIVATE PLACEMENT")

(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement in relation to the Private Placement dated 25 February 2022).

 

We refer to the Company’s announcements dated 25 February 2022, 4, 16, 18 March 2022, 4 April 2022 and 1 September 2022 in relation to the Private Placement.

 

Further to the announcement made on 1 September 2022 and in view of the prevailing market conditions, the Company has decided to seek an extension of time of six (6) months up to 15 March 2023 to complete the implementation of the Private Placement. 

 

On behalf of the Board, Malacca Securities wishes to announce that Bursa Securities had, vide its letter dated 13 October 2022, resolved to approve the extension of time of six (6) months from 16 September 2022 up to 15 March 2023 to complete the implementation of the Private Placement.

 

This announcement is dated 13 October 2022.






Announcement Info

Company Name MEGA SUN CITY HOLDINGS BERHAD
Stock Name MEGASUN
Date Announced 13 Oct 2022
Category General Announcement for PLC
Reference Number GA1-12102022-00021




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