News


New Issue Of Securities (Chapter 6 Of Listing Requirements) : Bonus Issues

BackJul 18, 2019
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description

FOCUS POINT HOLDINGS BERHAD ("FOCUS POINT" OR THE "COMPANY")

PROPOSED BONUS ISSUE

We refer to the announcement dated 9 July 2019 in relation to the Proposed Bonus Issue. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

 

We refer to the announcements dated 9 July 2019 and 12 July 2019 in relation to the Proposed Bonus Issue.

 

On behalf of the Board of Directors of Focus Point, RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 18 July 2019, resolved to approve the listing of up to 55,000,000 new Focus Point Shares to be issued pursuant to the Proposed Bonus Issue.

 

The approval granted by Bursa Securities is subject to the following conditions:

 

1. Focus Point and RHB Investment Bank must fully comply with the relevant provisions under the ACE Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Bonus Issue;

 

2. Focus Point and RHB Investment Bank to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

 

3. Focus Point to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue is completed; and

 

4. Focus Point and RHB Investment Bank are required to make the relevant announcements pursuant to Rule 6.36(2)(a) & (b) and 6.36(4) of the Listing Requirements.

 

This announcement is dated 18 July 2019.





Announcement Info

Company Name FOCUS POINT HOLDINGS BERHAD
Stock Name FOCUSP
Date Announced 18 Jul 2019
Category General Announcement for PLC
Reference Number GA1-18072019-00086