News

Transactions (Chapter 10 Of Listing Requirements) : Combination Of Transactions

BackDec 22, 2017
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
COMBINATION OF TRANSACTIONS
Description

PENTAMASTER CORPORATION BERHAD ("PCB" OR THE "COMPANY") LISTING EXERCISE COMPRISING: (I) PROPOSED SHARE AWARD SCHEME; (II) PROPOSED LISTING; AND (III) PROPOSED DILUTION OF PCB'S EQUITY INTEREST IN PENTAMASTER INTERNATIONAL LIMITED ("PIL") PURSUANT TO THE PROPOSED LISTING. (COLLECTIVELY REFEREED TO AS THE "PROPOSALS")

We refer to the announcements dated 11 September 2017, 29 September 2017 and 16 October 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 wishes to announce that the listing committee of The Stock Exchange of Hong Kong Limited (“SEHK”) had vide its letter dated 21 December 2017 given its approval-in-principle for the Proposed Listing (“AIP”).

Affin Hwang IB wishes to highlight that the Proposed Listing is still subject to the fulfilment of certain conditions under the AIP as follows:

(a) that the documentary requirements under Chapter 9 and 19 of SEHK Listing Rules are followed; and

(b) that the listing department is satisfied with the contents of the published version of the Prospectus.

The Prospectus of PIL is expected to be issued on 29 December 2017 and posted on the websites of the SEHK and PIL at www.hkexnews.hk and www.pentamaster-international-ltd.com on the same date respectively. Subject to the formal and final approval of the SEHK to the Proposed Listing, the trading of the shares of PIL is expected to commence on the SEHK at 9.00 a.m. (Hong Kong time) on 19 January 2018.

 

This announcement is dated 22 December 2017.





Announcement Info

Company Name PENTAMASTER CORPORATION BERHAD
Stock Name PENTA
Date Announced 22 Dec 2017
Category General Announcement for PLC
Reference Number GA1-22122017-00043