[MATANG] Private Placement on 04-Jun-2021

Stock
[MATANG]: MATANG BERHAD
Announcement Date
04-Jun-2021
Listing Date
08-Jun-2021
New Type/Class?
No
Type
Private Placement
Details
Proposed private placement of 181,000,000 new ordinary shares in Matang Berhad ("Placement Share(s)") ("Matang" or the "Company"), representing approximately 10% of the total issued shares of Matang, to Huaren Holdings Sdn Bhd, a major shareholder of the Company, at an issue price of RM0.1108 per Placement Share ("Proposed Private Placement I")
No. of shared issued
181,000,000
Issue Price
Malaysian Ringgit (MYR) 0.111
Par Value
0.000
Total NOSH
2,172,000,256
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