11 Jul 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF MMLR)

Author: admin | Filed under: Announcement

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESB BERHAD (“MESB” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF 12,600,000 NEW ORDINARY SHARES IN MESB, WHICH REPRESENT 30% OF THE COMPANY’S TOTAL NUMBER OF ISSUED SHARES, TO INDEPENDENT THIRD PARTY INVESTORS (“PROPOSED PRIVATE PLACEMENT”)

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description MESB BERHAD (“MESB” OR THE “COMPANY”)

PROPOSED PRIVATE PLACEMENT OF 12,600,000 NEW ORDINARY SHARES IN MESB, WHICH REPRESENT 30% OF THE COMPANY’S TOTAL NUMBER OF ISSUED SHARES, TO INDEPENDENT THIRD PARTY INVESTORS (“PROPOSED PRIVATE PLACEMENT”)

On behalf of the Board of Directors of MESB, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake a private placement of 12,600,000 new ordinary shares in MESB (“Placement Shares”) at an issue price of RM0.73 per Placement Share to independent third party investors.

Please refer to the attachment for further details on the Proposed Private Placement.

This announcement is dated 11 July 2017.

Attachment :

MESB – Private Placement

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