NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING WMG HOLDINGS BHD. ("WMG" OR "COMPANY") PROPOSED SPECIAL ISSUE OF UP TO 55,070,000 NEW ORDINARY SHARES IN WMG TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE")

WMG HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
WMG HOLDINGS BHD. ("WMG" OR "COMPANY")

PROPOSED SPECIAL ISSUE OF UP TO 55,070,000 NEW ORDINARY SHARES IN WMG TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE")

Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcement dated 31 January 2020, 18 March 2020, 3 June 2020 and 14 August 2020.

 

On behalf of the Board of Directors of WMG, Alliance Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Special Issue in order for the Company to comply with the Bumiputera equity condition.

 

Please refer to the attachment for further details.

 

This announcement is dated 8 September 2020.

 




Please refer attachment below.



Announcement Info

Company Name WMG HOLDINGS BERHAD
Stock Name WMG
Date Announced 08 Sep 2020
Category General Announcement for PLC
Reference Number GA1-08092020-00049