OTHERS YENHER HOLDINGS BERHAD (YHB OR THE COMPANY) EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM INITIAL PUBLIC OFFERING

YENHER HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
YENHER HOLDINGS BERHAD (YHB OR THE COMPANY)

EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM INITIAL PUBLIC OFFERING

Reference is made to the utilisation of proceeds raised from the Initial Public Offering ("IPO") as disclosed in the Company's Prospectus dated 22 June 2021.

As of the date of this announcement, the Company has yet to fully utilise the IPO proceeds. The Board of Directors of the Company ("the Board") wishes to announce that the Board has resolved to extend the timeframe for the utilisation of proceeds for construction of a new Good Manufacturing Practice-compliant manufacturing plant and purchase of new machinery and equipment.

Please refer to the attachment for the details of the announcement.

This announcement is dated 27 November 2023.






Announcement Info

Company Name YENHER HOLDINGS BERHAD
Stock Name YENHER
Date Announced 27 Nov 2023
Category General Announcement for PLC
Reference Number GA1-27112023-00069


Please refer attachment below.

  1. Extension of time for IPO Proceeds.pdf