NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING ZANTAT HOLDINGS BERHAD ("ZANTAT HOLDINGS" OR "COMPANY") PROPOSED SPECIAL ISSUE OF UP TO 40,000,000 NEW ORDINARY SHARES IN ZANTAT HOLDINGS TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY MALAYSIA ("PROPOSED SPECIAL ISSUE")
| ZANTAT HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | ZANTAT HOLDINGS BERHAD ("ZANTAT HOLDINGS" OR "COMPANY")
PROPOSED SPECIAL ISSUE OF UP TO 40,000,000 NEW ORDINARY SHARES IN ZANTAT HOLDINGS TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED AND/OR APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY MALAYSIA ("PROPOSED SPECIAL ISSUE") |
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On behalf of the Board of Directors of Zantat Holdings, M & A Securities Sdn Bhd) wishes to announce that the Company proposes to implement a special issue of up to 40,000,000 new ordinary shares in Zantat Holdings, representing approximately 12.5% of the Company’s enlarged number of issued shares to independent third-party Bumiputera investor(s) to be identified and/or approved by the Ministry of Investment, Trade and Industry Malaysia.
Kindly refer to the attachment on further details of the Proposed Special Issue.
This announcement is dated 10 September 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | ZANTAT HOLDINGS BERHAD |
| Stock Name | ZANTAT |
| Date Announced | 10 Sep 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10092024-00033 |
