New Issue Of Securities (Chapter 6 Of Listing Requirements) : Combination Of New Issue Of Securities
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description |
AVILLION BERHAD ("AVILLION" OR THE "COMPANY") (I) PROPOSED PLACEMENT; AND (II) PROPOSED FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS "PROPOSALS") |
On behalf of the Board of Directors of Avillion (“Board”), RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:
(i) a private placement of up to 20% of the total number of issued shares of Avillion (“Proposed Placement”); and
(ii) an issuance of up to 566,644,050 free warrants (“Warrants”) on the basis of one (1) Warrant for every two (2) ordinary shares in Avillion held on an entitlement date to be determined by the Board and announced at a later date (“Proposed Free Warrants Issue”).
Further details of the Proposals are set out in the attachment below.
This Announcement is dated 17 October 2019.
Please refer attachment below.
Announcement Info
| Company Name | AVILLION BERHAD |
| Stock Name | AVI |
| Date Announced | 17 Oct 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17102019-00093 |
Attachments
- Avillion_Berhad_Announcement_171019.pdf (Size: 476,880 bytes)
Bursa Announcement
