|
We refer to the announcements made on 13 May 2022 and 17 May 2022 in relation to the Proposed SIS (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 26 May 2022, resolved to approve the listing of such number of new ordinary shares, representing up to 10% of the total number of issued shares in FFB (excluding any treasury shares), to be issued pursuant to the Proposed SIS.
The approval by Bursa Securities is subject to the following conditions:
(i) FFB and TA Securities must fully comply with the relevant provisions under the Listing Requirements at all times pertaining to the implementation of the Proposed SIS;
(ii) TA Securities is required to submit a confirmation to Bursa Securities of full compliance of the Proposed SIS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed SIS; and
(iii) FFB is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the Proposed SIS as at the end of each quarter together with a detailed computation of listing fees payable.
This announcement is dated 27 May 2022.
|
