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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SEAL INCORPORATED BERHAD ("SEAL" OR THE "COMPANY") PRIVATE PLACEMENT

SEAL INCORPORATED BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
SEAL INCORPORATED BERHAD ("SEAL" OR THE "COMPANY")

PRIVATE PLACEMENT

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 23 February 2023 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 23 February 2023 and 3 March 2023.

On behalf of the Board, TA Securities and Astramina Advisory are pleased to announce that Bursa Securities had, vide its letter dated 8 March 2023, approved the listing and quotation of 28,312,618 Placement Shares to be issued pursuant to the Private Placement.

The approval by Bursa Securities for the above is subject to, amongst others, the following conditions:

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

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

(iii)        TA Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed.

This announcement is dated 9 March 2023.






Announcement Info

Company Name SEAL INCORPORATED BERHAD
Stock Name SEAL
Date Announced 09 Mar 2023
Category General Announcement for PLC
Reference Number GA1-09032023-00023




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