Highlights:
add free Download App
premium Premium Account

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


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MEGA SUN CITY HOLDINGS BERHAD (FORMERLY KNOWN AS IDEAL SUN CITY HOLDINGS BERHAD) (MEGA SUN OR COMPANY) APPLICATION TO THE SECURITIES COMMISSION MALAYSIA (EQUITY COMPLIANCE UNIT) (SC) IN RELATION TO THE PROPOSED SPECIAL ISSUE OF UP TO 34,708,200 NEW ORDINARY SHARES OF RM0.10 EACH IN MEGA SUN, REPRESENTING 12.5% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF MEGA SUN TO BUMIPUTERA INVESTORS TO BE RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (PROPOSED SPECIAL ISSUE

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 (FORMERLY KNOWN AS IDEAL SUN CITY HOLDINGS BERHAD) (MEGA SUN OR COMPANY)

APPLICATION TO THE SECURITIES COMMISSION MALAYSIA (EQUITY COMPLIANCE UNIT) (SC) IN RELATION TO THE PROPOSED SPECIAL ISSUE OF UP TO 34,708,200 NEW ORDINARY SHARES OF RM0.10 EACH IN MEGA SUN, REPRESENTING 12.5% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF MEGA SUN TO BUMIPUTERA INVESTORS TO BE RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (PROPOSED SPECIAL ISSUE

On behalf of the Board of Directors of Mega Sun, M&A Securities Sdn Bhd wishes to announce that the SC had vide its letter dated 7 November 2016 (which was received on 9 November 2016) approved the resultant equity structure pursuant to the Proposed Special Issue and granted the Company an extension of time until 31 March 2017 to comply with the Bumiputera equity condition imposed pursuant to the listing of Mega Sun on the ACE Market of Bursa Malaysia Securities Berhad.

This announcement is dated 9 November 2016.

 






Announcement Info

Company Name MEGA SUN CITY HOLDINGS BERHAD
Stock Name MEGASUN
Date Announced 09 Nov 2016
Category General Announcement for PLC
Reference Number GA1-09112016-00070




Close