MALTON

0.295

-0.025 (-7.8%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALTON BERHAD ("MALTON" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MALTON ("PROPOSED PRIVATE PLACEMENT")

MALTON BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MALTON ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Malton ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares in Malton (excluding treasury shares, if any) ("Malton Share(s)" or "Share(s)") to third party investor(s) to be identified later, at an issue price to be determined and announced later, pursuant to Sections 75 and 76 of the Companies Act, 2016 ("Act").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

 

This announcement is dated 3 December 2024.




Please refer attachment below.



Announcement Info

Company Name MALTON BERHAD
Stock Name MALTON
Date Announced 03 Dec 2024
Category General Announcement for PLC
Reference Number GA1-03122024-00053