SIAB

0.125

+0.005 (+4.2%)

MULTIPLE PROPOSALS SIAB HOLDINGS BERHAD ("SIAB" OR THE "COMPANY") (I) PRIVATE PLACEMENT; (II) RIGHTS ISSUE WITH WARRANTS; AND (II) ACQUISITION (COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISE")

SIAB HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SIAB HOLDINGS BERHAD ("SIAB" OR THE "COMPANY")

(I)   	PRIVATE PLACEMENT;
(II)	RIGHTS ISSUE WITH WARRANTS; AND 
(II) 	ACQUISITION

(COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISE")

Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements dated 15 September 2023, 26 September 2023, 5 October 2023, 27 October 2023, 18 December 2023 and 8 March 2024 (“Announcements”) as well as the Circular dated 16 November 2023.

 

On behalf of the Board, M & A Securities is pleased to announce that, Bursa Securities had vide its letter dated 19 March 2024, approved an extension of time of 3 months from 27 April 2024 until 25 July 2024 to complete the implementation of the Rights Issue With Warrants and and issuance of the Consideration Shares in relation to the Acquisition.

 

This announcement is dated 19 March 2024.






Announcement Info

Company Name SIAB HOLDINGS BERHAD
Stock Name SIAB
Date Announced 19 Mar 2024
Category General Announcement for PLC
Reference Number GA1-19032024-00082