NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING IRE-TEX CORPORATION BERHAD (“ITCB” OR THE “COMPANY”) PRIVATE PLACEMENT

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description IRE-TEX CORPORATION BERHAD (“ITCB” OR THE “COMPANY”)

PRIVATE PLACEMENT

We refer to the Company’s announcement dated 8 January 2014 and its previous announcements in relation to the private placement of up to approximately 10% of the issued and paid-up share capital of ITCB (“Private Placement”).

 

On behalf of the Board of Directors of ITCB, KAF Investment Bank Berhad wishes to announce that the approval granted by Bursa Malaysia Securities Berhad (“Bursa Securities”), vide its letters dated 18 February 2014 and 25 July 2014, for the implementation of the Private Placement has lapsed on 17 February 2015. In view that the Company was not able to secure any placee for the Private Placement prior to the expiry of Bursa Securities’ approval, the Company has decided not to proceed with the Private Placement. Accordingly, the Private Placement is deemed completed today.

 

This announcement is dated 17 February 2015.



Announcement Info

Company Name IRE-TEX CORPORATION BERHAD  
Stock Name IRETEX    
Date Announced 17 Feb 2015  
Category General Announcement
Reference No MI-150217-57807