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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING UCREST BERHAD ("UCREST") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN UCREST, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

UCREST BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
UCREST BERHAD ("UCREST")

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN UCREST, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

We refer to the announcements made on 26 February 2021, 1 March 2021, 16 March 2021, 17 March 2021, 22 March 2021, 23 March 2021, 29 March 2021, 31 March 2021, 2 April 2021, 25 August 2021, 9 September 2021, 3 March 2022, 14 March 2022 and 1 September 2022 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that the Board has decided to withdraw the application to Bursa Securities for an extension of time to complete the Private Placement after taking into consideration the uncertainty of current market conditions.

 

The timeframe to complete the Private Placement had lapsed on 18 September 2022.

 

This announcement is dated 22 November 2022.






Announcement Info

Company Name UCREST BERHAD
Stock Name UCREST
Date Announced 22 Nov 2022
Category General Announcement for PLC
Reference Number GA1-22112022-00087



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