Additional Listing Announcement /Subdivision of Shares
| HB GLOBAL LIMITED |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF UP TO 78,199,374 NEW ORDINARY SHARES IN HBGL ("HBGL SHARES" OR "SHARES"), REPRESENTING 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY PURSUANT TO SECTION 161 OF THE COMPANIES ACT OF SINGAPORE, CAP. 50 ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 78,199,374 |
| Issue price per share | Malaysian Ringgit (MYR) 0.0270 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 860,193,114 |
| Issued Share Capital | Chinese Yuan (CNY) 263,689,706.650 |
| Listing Date | 08 Jun 2026 |
| Remarks : |
For information, the Private Placement was implemented in Ringgit Malaysia (RM) and translated into Chinese Yuan (CNY) based on the middle rate (CNY1: RM0.5929) of Bank Negara Malaysia as at 5.00 p.m. on the 4 June 2026, being the last trading day prior to the allotment of the Shares pursuant to the Private Placement. This translation should not be construed as a representation that CNY amounts actually represented, have been or could be converted in RM at this or any other rate. |
Announcement Info
| Company Name | HB GLOBAL LIMITED |
| Stock Name | HBGLOB |
| Date Announced | 05 Jun 2026 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-03062026-00013 |