New Issue of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

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28-06-2016

Type


Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

TITIJAYA LAND BERHAD ("TLB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF TLB (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcements made on 13 June 2016 and 15 June 2016 in relation to the Proposed Private Placement ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of TLB, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 27 June 2016, approved the listing of and quotation for up to 37,333,300 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

  1. TLB and TA Securities must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
  2. TLB and TA Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and
  3. TLB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

This announcement is dated 28 June 2016.

 





Announcement Info

Company Name TITIJAYA LAND BERHAD
Stock Name TITIJYA
Date Announced 28 Jun 2016
Category General Announcement for PLC
Reference Number GA1-28062016-00021