News
Additional Listing Announcement
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SMHB ENGINEERING SDN BHD FOR A PURCHASE CONSIDERATION OF RM270,000,000 TO BE SATISFIED VIA THE ISSUANCE OF 94,736,842 NEW ORDINARY SHARES IN HSS ENGINEERS BERHAD ("HEB") ("HEB SHARE") AT AN ISSUE PRICE OF RM1.14 PER HEB SHARE AND RM162,000,000 IN CASH |
| No. of shares issued under this corporate proposal | 94,736,842 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.1400 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 495,862,003 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 206,086,585.070 |
| Listing Date | 28 Mar 2018 |
| Remarks : |
|
Latest issued share capital disclosed above excludes the share premium of RM22,326,480 of the Company. |
Announcement Info
| Company Name | HSS ENGINEERS BERHAD |
| Stock Name | HSSEB |
| Date Announced | 27 Mar 2018 |
| Category | Additional Listing Announcement |
| Reference Number | ALA-26032018-00014 |