NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING HANDAL RESOURCES BERHAD ("HANDAL" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF HANDAL ("PROPOSED PRIVATE PLACEMENT")

HANDAL RESOURCES BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF HANDAL ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Handal ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Handal to third party investor(s) to be identified later.

 

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

 

 

This announcement is dated 7 March 2019.




Please refer attachment below.



Announcement Info

Company Name HANDAL RESOURCES BERHAD
Stock Name HANDAL
Date Announced 07 Mar 2019
Category General Announcement for PLC
Reference Number GA1-07032019-00093