NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AMALGAMATED INDUSTRIAL STEEL BERHAD ("AISB" OR "COMPANY") PROPOSED PRIVATE PLACEMENT

AMALGAMATED INDUSTRIAL STEEL BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AMALGAMATED INDUSTRIAL STEEL BERHAD ("AISB" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of AISB, RHB Investment Bank Berhad wishes to announce that the Company proposes to implement a private placement of up to ten percent (10%) of the issued share capital of the Company (excluding treasury shares) to independent third party investor(s) to be identified later and at an issue price to be determined ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment.

This announcement is dated 28 April 2017.




Please refer attachment below.



Announcement Info

Company Name AMALGAMATED INDUSTRIAL STEEL BERHAD
Stock Name AISB
Date Announced 28 Apr 2017
Category General Announcement for PLC
Reference Number GA1-18042017-00075