Stabilising Action In Relation To The Initial Public Offering Of Ordinary Shares In LHI ("Shares") In Conjunction With Its Listing On The Main Market Of Bursa Malaysia Securities Berhad ("Bursa Securities") ("IPO")

BackMay 16, 2019
Type Announcement
Subject OTHERS
Description

LEONG HUP INTERNATIONAL BERHAD ("LHI" OR "COMPANY") STABILISING ACTION IN RELATION TO THE INITIAL PUBLIC OFFERING OF ORDINARY SHARES IN LHI ("SHARES") IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("IPO")

We refer to the above subject matter.

 

Pursuant to Section 9(2) of the Capital Markets and Services (Price Stabilisation Mechanism) Regulations 2008, Maybank Investment Bank Berhad, as the Stabilising Manager, has purchased the following Shares:

 

Date of purchase                          :           16 May 2019

 

Number of Shares purchased      :           5,000,000 Shares

 

Average Price of purchases         :           RM1.10 per Share

 

A copy of Maybank IB’s letter dated 16 May 2019 relating to the above is attached herewith.

 

This announcement is dated 16 May 2019.



Please refer attachment below.

 


Announcement Info

Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 16 May 2019
Category General Announcement for PLC
Reference Number GA1-16052019-00079

Attachments

  1. Price_stabilisation_-_Announcement_(16_05_2019).pdf (Size: 50,542 bytes)