MULTIPLE PROPOSALS SAUDIGOLD GROUP BERHAD (FORMERLY KNOWN AS SAUDEE GROUP BERHAD) (“SGB” OR THE “COMPANY”) (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY, THE “PROPOSALS”)
| SAUDIGOLD GROUP BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | SAUDIGOLD GROUP BERHAD (FORMERLY KNOWN AS SAUDEE GROUP BERHAD) (“SGB” OR THE “COMPANY”) (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY, THE “PROPOSALS”) |
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Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcement dated 13 March 2025 in relation to the Proposals.
We refer to the earlier announcement dated 13 March 2025 in relation to the Proposals.
On behalf of the Board, M & A Securities is pleased to announce that the following has been submitted to Bursa Securities today:
(i) the additional listing application for the Proposed Rights Issue with Warrants;
(ii) the application for the Proposed Share Consolidation; and
(iii) the draft circular to shareholders of SGB in relation to the Proposals.
This announcement is dated 11 April 2025. |
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Announcement Info
| Company Name | SAUDIGOLD GROUP BERHAD |
| Stock Name | SG |
| Date Announced | 11 Apr 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10042025-00096 |