MICROLINK SOLUTIONS BERHAD
|Subject||NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
|Description||MICROLINK SOLUTIONS BERHAD (“MICROLINK” OR “COMPANY”)
-PROPOSED BONUS ISSUE
(All abbreviations used in this announcement are defined in the announcement dated 10 June 2021)
Reference is made to the announcements dated 10 June 2021 and 30 June 2021. On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had vide its letter dated 12 July 2021, resolved to approve the listing and quotation of up to 863,976,624 Bonus Shares to be issued pursuant to the Proposed Bonus Issue.
The approval granted by Bursa Securities for the Proposed Bonus Issue is subject to the following conditions:
(i) Microlink and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue;
(ii) Microlink and M&A Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue;
(iii) Microlink and M&A Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securitiesâ€™ approval once the Proposed Bonus Issue is completed; and
(iv) Microlink and M&A Securities are required to make the relevant announcements pursuant to Rule 6.36(2)(a) & (b) and 6.36(4) of the Listing Requirements.
Microlink is required to ensure full compliance of all the requirements as provided under the Listing Requirements at all times.
This announcement is dated 13 July 2021.