Malaysia Steel Manufacturer   

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”) (“PROPOSED PRIVATE PLACEMENT”)

September 14th, 2012


Type


Announcement

Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF MALAYSIA STEEL WORKS (KL) BHD (“MASTEEL” OR THE “COMPANY”) (“PROPOSED PRIVATE PLACEMENT”)



We refer to the announcements dated 27 August 2012, 4 September 2012 and 7 September 2012 in relation to the Proposed Private Placement. On behalf of the Board of Directors of MASTEEL, ECM Libra Investment Bank Berhad wishes to announce that the Ministry of International Trade and Industry, vide its letter dated 7 September 2012 (received on 14 September 2012), has agreed to the Proposed Private Placement.



This announcement is dated 14 September 2012.