Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
Open: Day Range: Prev Close:


ASIA BOENERGY TECHNOLOGIES BERHAD (“ABT”) PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ABT (“PROPOSED PRIVATE PLACEMENT”)

ASIA BIOENERGY TECHNOLOGIES BERHAD

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectASIA BOENERGY TECHNOLOGIES BERHAD (“ABT”)

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF ABT (“PROPOSED PRIVATE PLACEMENT”)
ContentsWe refer to the announcement dated 10 May 2010 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of ABT, Kenanga Investment Bank Berhad (“KIBB”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had via its letter dated 15 June 2010, approved the listing of and quotation for up to 25,000,000 new ordinary shares of RM0.10 each in ABT to be issued pursuant to the Proposed Private Placement, subject to the following conditions:

(i) ABT/KIBB, must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(ii) ABT/KIBB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(iii) ABT/KIBB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement has been implemented.

This announcement is dated 16 June 2010.


Announcement Info

Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO    
Date Announced16 Jun 2010  
CategoryGeneral Announcement
Reference NoMI-100616-65483



Close