NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BRAHIMS HOLDINGS BERHAD (“BHB” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 23,628,550 NEW ORDINARY SHARES IN BHB, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BHB (“PROPOSED PRIVATE PLACEMENT”)

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

PROPOSED PRIVATE PLACEMENT OF UP TO 23,628,550 NEW ORDINARY SHARES IN BHB, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF BHB ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of BHB, Hong Leong Investment Bank Berhad wishes to announce that BHB proposes to undertake a private placement of new ordinary shares in BHB of up to 10% of the existing issued shares of the Company.

 

This announcement is dated 21 February 2018.