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DescriptionMALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 42,500,000 NEW ORDINARY SHARES IN MASTEEL (“MASTEEL SHARE(S)” OR “SHARE(S)”), REPRESENTING UP TO APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MASTEEL (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 (“PROPOSED PRIVATE PLACEMENT”)
We refer to the announcement dated 13 September 2019 in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein. On behalf of the Board, UOBKH wishes to announce that the listing application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 17 September 2019.  This announcement is dated 17 September 2019.
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