We refer to the announcements dated 10 June 2022 and 30 June 2022 in relation to the Proposals. Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.
On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 14 July 2022, resolved to approve the following:-
- admission to the Official List of Bursa Securities and the listing of up to 88,000,000 Warrants to be issued pursuant to the Proposed Rights Issue with Warrants;
- listing and quotation of up to 88,000,000 new Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants; and
- listing and quotation of up to 88,000,000 new HYB Shares to be issued pursuant to the exercise of Warrants.
The approval granted by Bursa Securities is subject to the following conditions:-
- HYB and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;
- HYB and UOBKH to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;
- UOBKH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants is completed;
- HYB 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
- payment of outstanding processing fee for the Warrants to be issued, if applicable. In this respect, the Company is required to furnish Bursa Securities a cheque drawn to the order of Bursa Malaysia Securities Berhad for the outstanding listing fee together with a copy of the details of the computation of the amount of fees payable.
This announcement is dated 14 July 2022.
