NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESB BERHAD (“MESB” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED SHARE CAPITAL OF MESB TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE (“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 UP TO 30% OF THE ISSUED SHARE CAPITAL OF MESB TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AT A LATER DATE (“PRIVATE PLACEMENT”) |
| For consistency purposes, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Circular to shareholders in relation to the Private Placement dated 11 November 2019.
We refer to the Company’s announcement dated 10 October 2019 and its subsequent announcements in relation to the Private Placement. On behalf of the Board of Directors of MESB, KAF Investment Bank Berhad (“KAF IB”) wishes to announce that KAF IB had, on 26 March 2020, submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities“) to seek an extension of time of six (6) months from 5 May 2020, on which the approval of Bursa Securities for the Private Placement granted on 4 November 2019 would lapse, for MESB to implement the Private Placement. This announcement is dated 26 March 2020. |
|