Hoohooo.. All kamikaze kaki here! Stay cautious as the Q result is about to release this month... Good luck traders! Make sure u know how to exit if thing turn sour.... I mean... "if"..... Hehehehehehehehe.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING CUSCAPI BERHAD ("CUSCAPI" OR "THE COMPANY") PROPOSED ISSUANCE OF 200,000,000 NEW ORDINARY SHARES IN CUSCAPI ("SUBSCRIPTION SHARES") AT RM0.25 PER SUBSCRIPTION SHARE AND 40,000,000 NEW WARRANTS ("SUBSCRIPTION WARRANTS") AT RM0.08 PER SUBSCRIPTION WARRANT TO ULTIMATE QUALITY SUCCESS SDN BHD ("UQS") AND/OR ITS NOMINEES ("PROPOSED ISSUANCE") CUSCAPI BERHAD
CUSCAPI BERHAD ("CUSCAPI" OR "THE COMPANY")
PROPOSED ISSUANCE OF 200,000,000 NEW ORDINARY SHARES IN CUSCAPI ("SUBSCRIPTION SHARES") AT RM0.25 PER SUBSCRIPTION SHARE AND 40,000,000 NEW WARRANTS ("SUBSCRIPTION WARRANTS") AT RM0.08 PER SUBSCRIPTION WARRANT TO ULTIMATE QUALITY SUCCESS SDN BHD ("UQS") AND/OR ITS NOMINEES ("PROPOSED ISSUANCE")
We refer to the announcements dated 10 October 2017, 31 October 2017, 2 November 2017, 5 December 2017, 14 December 2017, 9 January 2018, 15 January 2018 and 5 February 2018 ("Announcements"). (Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)
On behalf of the Board, Affin Hwang IB is pleased to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 6 February 2018, approved the following: (i) the listing of and quotation for 200,000,000 new ordinary shares in Cuscapi to be issued pursuant to the Proposed Issuance; (ii) the listing of and quotation for 40,000,000 new Warrants to be issued pursuant to the Proposed Issuance; and (iii) the listing of and quotation for up to 40,000,000 new ordinary shares in Cuscapi to be issued arising from the exercise of the new Warrants. The approval granted by Bursa Securities for the Proposed Issuance is subject to the following conditions: (i) Cuscapi and Affin Hwang IB must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Proposed Issuance; (ii) Cuscapi and Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Issuance; (iii) Cuscapi to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Issuance is completed; (iv) Cuscapi to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable; and (v) A certified true copy of the resolution passed by shareholders at the extraordinary general meeting approving the Proposed Issuance. Cuscapi is required to ensure full compliance of all the requirements pertaining to the Proposed Issuance, as provided under the Listing Requirements, at all times.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Grayson Lee
345 posts
Posted by Grayson Lee > 2018-01-30 11:55 | Report Abuse
about time...