NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESB BERHAD (“MESB” OR THE “COMPANY”) PRIVATE PLACEMENT OF 12,600,000 NEW ORDINARY SHARES IN MESB (“PLACEMENT SHARES”), WHICH REPRESENT 30% OF THE COMPANY’S TOTAL NUMBER OF ISSUED SHARES, TO INDEPENDENT THIRD PARTY INVESTORS (“PRIVATE PLACEMENT”)
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | MESB BERHAD (“MESB” OR THE “COMPANY”)
PRIVATE PLACEMENT OF 12,600,000 NEW ORDINARY SHARES IN MESB (“PLACEMENT SHARES”), WHICH REPRESENT 30% OF THE COMPANY’S TOTAL NUMBER OF ISSUED SHARES, TO INDEPENDENT THIRD PARTY INVESTORS (“PRIVATE PLACEMENT”) |
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We refer to the Company’s announcements dated 11 July 2017, 21 July 2017, 1 August 2017 and 7 September 2017 in relation to the Private Placement. On behalf of the Board of Directors of MESB, KAF Investment Bank Berhad wishes to announce that the Private Placement has been fully completed following the listing of and quotation for 12,600,000 Placement Shares on the Main Market of Bursa Malaysia Securities Berhad on 9 October 2017. The Company has placed out a total of 12,600,000 Placement Shares to identified investors in one (1) tranche at the issue price of RM0.73 per Placement Share, raising a total of RM9,198,000 for the Company pursuant to the Private Placement. |
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