NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MIKRO MSC BERHAD ("MIKRO" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MIKRO ("PROPOSED PRIVATE PLACEMENT")

07 December 2015

 Type  Announcement
 Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
 Description

MIKRO MSC BERHAD ("MIKRO" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MIKRO ("PROPOSED PRIVATE PLACEMENT")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as those defined in the announcements dated 1 December 2015, 2 December 2015 and 4 December 2015 in relation to the Proposed Private Placement (“Announcements”))

We refer to the Announcements in relation to the Proposed Private Placement.

On behalf of the Board of Directors of Mikro, Alliance Investment Bank Berhad ("AIBB") wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had, vide its letter dated 7 December 2015, approved the listing and quotation of up to 28,182,930 Placement Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

(i) Mikro and AIBB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(ii) Mikro and AIBB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(iii) Mikro to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

This announcement is dated 7 December 2015.
 

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