NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING BRAHIM’S HOLDINGS BERHAD (“BHB” OR “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 21,480,500 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BHB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)

BRAHIM’S HOLDINGS BERHAD

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description BRAHIM’S HOLDINGS BERHAD (“BHB” OR “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF UP TO 21,480,500 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES” OR “SHARES”) (“PLACEMENT SHARES”), REPRESENTING UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF BHB AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED PRIVATE PLACEMENT”)
 

On behalf of the Board of Directors of BHB, Public Investment Bank Berhad wishes to announce that the Company proposes to undertake a private placement of up to 21,480,500 Placement Shares, representing up to ten percent (10%) of the issued and paid-up share capital of BHB to investors at an issue price to be determined and announced at a later date. 

Please refer to the attached announcement for details relating to the Proposed Private Placement.

This announcement is dated 9 September 2013.