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|
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
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.
|Company Name||AMALGAMATED INDUSTRIAL STEEL BERHAD|
|Date Announced||28 Apr 2017|
|Category||General Announcement for PLC|