| General Announcement |
| Reference No MM-090828-69309 |
| Submitting Merchant Bank |
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MIMB INVESTMENT BANK BERHAD |
| Company Name |
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H-DISPLAYS (MSC) BERHAD (ACE Market) |
| Stock Name |
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HDISPLY |
| Date Announced |
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01/09/2009 |
| Type |
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Announcement |
| Subject |
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H-DISPLAYS (MSC) BERHAD (“HDISPLY” OR THE “COMPANY”)
PRIVATE PLACEMENT OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF HDISPLY (“PRIVATE PLACEMENT”) |
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| Contents |
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We refer to the Company's announcement dated 4 March 2009, whereby the Securities Commission has approved the Private Placement and that HDisply has up to 3 September 2009 to implement the Private Placement ("SC Approval"). To-date, the Private Placement has yet to be implemented.
MIMB Investment Bank Berhad, on behalf of the Board of Directors of the HDisply, wishes to announce that the Company, after assessing the current market conditions, does not intend to seek for an extension of time to complete the Private Placement. Consequently, the SC Approval shall lapse on 3 September 2009.
This announcement is dated 1 September 2009. |
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