MULTIPLE PROPOSALS HANDAL ENERGY BERHAD (FORMERLY KNOWN AS HANDAL RESOURCES BERHAD) ("HANDAL" OR THE "COMPANY") I. PROPOSED ACQUISITION; II. PROPOSED AMENDMENT; AND III. PROPOSED ESOS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

HANDAL RESOURCES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
HANDAL ENERGY BERHAD (FORMERLY KNOWN AS HANDAL RESOURCES BERHAD) ("HANDAL" OR THE "COMPANY")

I. PROPOSED ACQUISITION; 

II. PROPOSED AMENDMENT; AND 

III. PROPOSED ESOS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.

 

We refer to the earlier announcements dated 16 April 2019, 30 May 2019, 3 July 2019 and 9 August 2019 in relation to the Proposals.


On behalf of the Board of Directors of Handal, UOBKH wishes to announce that all conditions precedent pursuant to the SSA have been fulfilled and 42,857,100 Consideration Shares and 26,061,819 Consideration ICPS had been issued and allotted on 9 August 2019.

 

The 42,857,100 Consideration Shares were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on 13 August 2019, which marks the completion of the Proposed Acquisition.

 

 

This announcement is dated 13 August 2019. 






Announcement Info

Company Name HANDAL RESOURCES BERHAD
Stock Name HANDAL
Date Announced 13 Aug 2019
Category General Announcement for PLC
Reference Number GA1-13082019-00088