PROPOSED PRIVATE PLACEMENT

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Description PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”)(“PROPOSED PRIVATE PLACEMENT”)
We refer to the announcement dated 27 August 2012 in relation to the Proposed Private Placement. On behalf of the Board of Directors of MASTEEL, ECM Libra Investment Bank Berhad wishes to announce that the Company had submitted:  
  1. an application to the Ministry of International Trade and Industry Malaysia (“MITI”) on 30 August 2012 to seek approval for the Proposed Private Placement; and 
  2. a Listing Application to Bursa Malaysia Securities Berhad on 4 September 2012 to seek approval for the listing and quotation of new MASTEEL shares to be issued pursuant to the Proposed Private Placement. 

 This announcement is dated 4 September 2012.

 

 

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