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Multiple Proposals

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Type Announcement
Subject MULTIPLE PROPOSALS
Description

HSS ENGINEERS BERHAD ("HEB" OR THE "COMPANY")

I. PROPOSED BONUS ISSUE OF WARRANTS; AND

II. PROPOSED PRIVATE PLACEMENT;

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Proposals.

We refer to our earlier announcement dated 17 August 2022 in relation to the Proposals.

On behalf of the Board of Directors of HEB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Board, after taking into consideration the additional factors listed in the attachment below, had decided to abort the Proposals.

Further details are set out in the attachment enclosed.

 

This announcement is dated 20 September 2022.

 


Announcement Info

Company Name HSS ENGINEERS BERHAD
Stock Name HSSEB
Date Announced 20 Sep 2022
Category General Announcement for PLC
Reference Number GA1-20092022-00057

Attachments

  1. HEB_-_Announcement.pdf (Size: 123,835 bytes)
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