|Company Name||EG INDUSTRIES BERHAD|
|Date Announced||08 Feb 2023|
|Category||General Announcement for PLC|
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
EG INDUSTRIES BERHAD ("EGIB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL ISSUED ORDINARY SHARES IN EGIB
On behalf of the Board of Directors of EGIB, M&A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 40,928,700 new ordinary shares in EGIB (“EGIB Shares” or “Shares”), representing not more than 10% of the issued ordinary shares in EGIB (“Proposed Private Placement”), at an issue price to be determined and fixed at a later date.
Further details of the Proposed Private Placement are set out in the attachment below.
Please refer attachment below.