NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES HO WAH GENTING BERHAD ("HWGB" OR THE "COMPANY") PROPOSED SETTLEMENT OF DEBT OWING TO CREDITORS OF HWGB TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW ORDINARY SHARES IN HWGB ("PROPOSED CREDITORS CAPITALISATION")

HO WAH GENTING BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
HO WAH GENTING BERHAD ("HWGB" OR THE "COMPANY")

PROPOSED SETTLEMENT OF DEBT OWING TO CREDITORS OF HWGB TO BE SATISFIED ENTIRELY VIA THE ISSUANCE OF NEW ORDINARY SHARES IN HWGB ("PROPOSED CREDITORS CAPITALISATION")

On behalf of the Board of Directors of HWGB ("Board"), Kenanga Investment Bank Berhad ("Kenanga IB") wishes to announce that the Company proposes to undertake the Proposed Creditors Capitalisation.

 

Please refer to the attachment for further details.

 

This announcement is dated 16 August 2019.




Please refer attachment below.



Announcement Info

Company Name HO WAH GENTING BERHAD
Stock Name HWGB
Date Announced 16 Aug 2019
Category General Announcement for PLC
Reference Number GA1-16082019-00074