News

We refer to the announcements dated 13 June 2017, 19 June 2017, 17 July 2017, 21 July 2017, 31 July 2017, 11 September 2017, 21 September 2017 and 29 September 2017 ("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 16 October 2017, approved the following:

(i)  the listing of 11,725,386 new PCB Shares to be issued pursuant to the Proposed Bonus Issue; and

(ii)  Proposed Share Split.

PCB or Affin Hwang IB are required to make the relevant announcements pursuant to Chapter 6 and 13 of the Listing Requirements.

The listing of and quotation for the Bonus Shares and Subdivided Shares must be simultaneous.

The approval by Bursa Securities for the listing of and quotation for the Bonus Shares is subject to the following conditions: 

(i)            PCB and Affin Hwang IB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue;

(ii)           PCB and Affin Hwang IB to inform Bursa Securities upon the completion of the Proposed Bonus Issue;

(iii)          PCB 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

(iv)          PCB and Affin Hwang IB are required to make the relevant announcements pursuant to Paragraph 6.35(2)(a) & (b) and 6.35(4) of the Listing Requirements.

PCB is required to ensure full compliance of all the requirements as provided under the Listing Requirements at all times.

This announcement is dated 16 October 2017.