New Issue of Securities (Chapter 6 Of Listing Requirements): Fund Raising

BackNov 24, 2011
Date Announced : 24/11/2011  



Type : Announcement
Subject :
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description :
SALCON BERHAD (“SALCON” or the “COMPANY”)

Proposed placement of new ordinary shares of RM0.50 each (“Placement Shares”), representing up to 10% of the issued and paid-up share capital of Salcon (“Proposed Placement”)

Announcement Details/Table Section :

On behalf of the Board of Directors of Salcon, AFFIN Investment Bank Berhad wishes to announce that the Company proposed to implement a private placement of new ordinary shares of RM0.50 each (“Placement Shares”) in Salcon, representing up to 10% of the issued and paid-up share capital of the Company, to investors to be identified (“Proposed Placement”).

Further details on the Proposed Placement are set out in the attachment below.

This announcement is dated 24 November 2011.

Attachments

  1. SALCON241111.pdf (Size: 62,282 bytes)