NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MESTRON HOLDINGS BERHAD ("MESTRON" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED SHARES IN MESTRON

MESTRON HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
MESTRON HOLDINGS BERHAD ("MESTRON" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE ISSUED SHARES IN MESTRON

On behalf of the Board of Directors of Mestron, M&A Securities Sdn Bhd wishes to announce that the Company proposes to implement a private placement of up to 20% of the issued shares of Mestron, involve the issuance of up to 158,000,000 new ordinary shares in Mestron (“Proposed Private Placement”).

Further information on the Proposed Private Placement is disclosed in the attachment herein.

This announcement is dated 18 August 2020.



Announcement Info

Company Name MESTRON HOLDINGS BERHAD
Stock Name MESTRON
Date Announced 18 Aug 2020
Category General Announcement for PLC
Reference Number GA1-18082020-00050


Please refer attachment below.

  1. Mestron - Proposed Private Placement 180820.pdf