NOVA MSC BERHAD
20 MAR 2019
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.
We refer to our earlier announcements dated 27 February 2019 and 7 March 2019 in relation to the Proposed Private Placement.
On behalf of the Board of Directors of NOVAMSC, UOB Kay Hian Securities (M) Sdn Bhd (“UOBKH”) wishes to announce that Bursa Securities had, vide its letter dated 20 March 2019, resolved to approve the listing and quotation of up to 293,110,312 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:
(i) NOVAMSC and UOBKH must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(ii) NOVAMSC and UOBKH are to inform Bursa Securities upon the completion of the Proposed Private Placement; and
(iii) NOVAMSC to furnish to 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 20 March 2019.