Date Published : 2018-03-05
SUBJECT : NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
PROPOSED RIGHTS ISSUE WITH WARRANTS PROPOSED ACQUISITION
(COLLECTIVELY REFERRED TO AS "PROPOSALS")
Reference is made to the Company’s announcements dated 23 August 2017, 10, 16 October 2017, 18, 22 December 2017 and 19 February 2018 in relation to the Proposed Rights Issue with Warrants (“Announcement(s)”). Unless otherwise stated, abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Announcements.
On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 2 March 2018, granted the Company an extension of time to issue and despatch the Circular together with the independent advice letter to shareholders in relation to the Proposals within seven (7) market days from the date of receipt of the Securities Commission’s consent to issue Melewar Industrial Group Berhad’s independent advice letter pursuant to the proposed exemption.
This announcement is dated 5 March 2018.