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

BackMay 30, 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 ("SHARES") IN LHI IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD

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 (“Maybank IB”), as the Stabilising Manager, has purchased the following Shares:

 

Date of purchase                           :          30 May 2019

 

Number of Shares purchased       :           4,974,600 Shares

 

Average Price of purchases          :           RM1.0200 per Share

 

A copy of Maybank IB’s letter dated 30 May 2019 relating to the above is attached herewith.

 

This announcement is dated 30 May 2019.



Please refer attachment below.

 


Announcement Info

Company Name LEONG HUP INTERNATIONAL BERHAD
Stock Name LHI
Date Announced 30 May 2019
Category General Announcement for PLC
Reference Number GA1-30052019-00122

Attachments

  1. Price_stabilisation_-_Announcement_(30_05_2019).pdf (Size: 53,243 bytes)