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Additional Listing Announcement

BackMar 06, 2018

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN SCANWOLF CORPORATION BERHAD ("SCANWOLF"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF SCANWOLF (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 8,675,300
Issue price per share ($$) Malaysian Ringgit (MYR)   0.2500
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 96,209,300
Issued Share Capital ($$) Malaysian Ringgit (MYR) 49,056,011.000
Listing Date 07 Mar 2018

 


Remarks :

The 8,675,300 new ordinary shares in Scanwolf ("Scanwolf Shares") were allotted and issued pursuant to the Private Placement that was announced on 21 December 2017.

Arising from the migration to the no par value regime under the Companies Act 2016 ("Act"), par value is no longer relevant. Pursuant to Section 74 of the Act, the latest number of issued shares of Scanwolf is 96,209,300 ordinary shares, equivalent to share capital of RM49,056,011.

The listing of the 8,675,300 new Scanwolf Shares marks the completion of the Private Placement.

 


Announcement Info

Company Name SCANWOLF CORPORATION BERHAD
Stock Name SCNWOLF
Date Announced 06 Mar 2018
Category Additional Listing Announcement
Reference Number ALA-05032018-00009

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