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

BackAug 06, 2013
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description SALCON BERHAD (“SALCON” OR “COMPANY”)

PLACEMENT OF NEW ORDINARY SHARES OF RM0.50 EACH IN SALCON (“PLACEMENT SHARES”) REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF SALCON (“PLACEMENT”)

 

We refer to the earlier announcements dated 22 July 2013, 25 July 2013 and 30 July 2013 in relation to the Placement.

 

On behalf of the Board of Directors of Salcon, AFFIN Investment Bank Berhad (“AFFIN Investment”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 5 August 2013 approved the listing and quotation of up to 68,087,643 Placement Shares to be issued pursuant to the Placement subject to the following conditions:

  1.  Salcon and AFFIN Investment must fully comply with the relevant provisions under Bursa Securities Main Market Listing Requirements pertaining to the implementation of the Placement;
  2.  Salcon and AFFIN Investment to inform Bursa Securities upon the completion of the Placement; and
  3.  Salcon to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Placement is completed.

 This announcement is dated 6 August 2013.

 

Announcement Info

Company Name SALCON BERHAD  
Stock Name SALCON    
Date Announced 6 Aug 2013  
Category General Announcement
Reference No MI-130806-34501