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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CAREPLUS GROUP BERHAD ("CAREPLUS" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF CAREPLUS (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

CAREPLUS GROUP BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF CAREPLUS (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.

We refer to the earlier announcements dated 20 July 2017, 25 July 2017 and 27 July 2017 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of Careplus, RHB Investment Bank Berhad ("RHBIB") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 31 July 2017, resolved to approve the listing and quotation of up to 48,325,979 new ordinary shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:-

i. Careplus and RHBIB must fully comply with the relevant provisions under the ACE Market Listing Requirements of Bursa Securities ("ACE Listing Requirements") pertaining to the implementation of the Proposed Private Placement;

ii. Careplus and RHBIB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

iii. Careplus 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 is completed.

 

This announcement is dated 1 August 2017.






Announcement Info

Company Name CAREPLUS GROUP BERHAD
Stock Name CAREPLS
Date Announced 01 Aug 2017
Category General Announcement for PLC
Reference Number GA1-01082017-00026




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