(Unless otherwise defined, the abbreviations and definitions used in the announcement dated 23 November 2023 shall apply herein).
We refer to the announcement dated 23 November 2023 in relation to the Proposed Private Placement.
On behalf of the Board, Interpac wishes to announce that Bursa Securities has, vide its letter dated 29 November 2023, resolved to approve the listing and quotation of up to 47,992,500 Placement Shares to be issued pursuant to the Proposed Private Placement.
The approval granted by Bursa Securities for the Proposed Private Placement is subject to the following conditions:-
(i) ECMLG and Interpac must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(ii) Interpac to inform Bursa Securities upon the completion of the Proposed Private Placement;
(iii) ECMLG and Interpac 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; and
(iv) Payment of additional listing fee based on the market value of the Placement Shares to be listed, 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.
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