Salcon Berhad ("Salcon" Or "Company") Proposed private Placement of Up To 10% of The Issued And Paid-up Share Capital Of Salcon ("Proposed Private Placement")

BackJan 08, 2008
General Announcement
Reference No MM-080108-61632

Submitting Merchant Bank
:
 MIMB INVESTMENT BANK BERHAD 
Company Name
:
 SALCON BERHAD 
Stock Name
:
 SALCON
Date Announced
:
 08/01/2008


Type : Announcement
Subject : SALCON BERHAD ("Salcon" or "Company")

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SALCON ("PROPOSED PRIVATE PLACEMENT")

Contents :

We refer to the announcement dated 21 December 2007 in relation to the abovementioned Proposed Private Placement. On behalf of the Board of Directors of Salcon, MIMB Investment Bank Berhad wishes to announce that the Company has on 8 January 2008 submitted its application to the Securities Commission (pursuant to Section 212 of the Capital Markets & Services Act 2007 and Guidelines on the Acquisition of Interest, Mergers and Take-Overs by Local and Foreign Interests issued by the Foreign Investment Committee) in relation to the Proposed Private Placement.

This announcement is dated 8 January 2008.