MULTIPLE PROPOSALS TFP SOLUTIONS BERHAD ("TFP" OR "COMPANY") (i) PROPOSED PRIVATE PLACEMENT; (ii) PROPOSED ACQUISITION; AND (iii) PROPOSED DIVERSIFICATION (COLLECTIVELY, THE "PROPOSALS")
| TFP SOLUTIONS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | TFP SOLUTIONS BERHAD ("TFP" OR "COMPANY")
(i) PROPOSED PRIVATE PLACEMENT;
(ii) PROPOSED ACQUISITION; AND
(iii) PROPOSED DIVERSIFICATION
(COLLECTIVELY, THE "PROPOSALS") |
|
We refer to the announcements made on 12 September 2025 and 10 November 2025 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that Bursa Securities has, vide its letter dated 16 December 2025, approved the listing and quotation of the following: (i) up to 194,294,700 new TFP Shares to be issued pursuant to the Proposed Private Placement; and
(ii) 125,000,000 Consideration Shares to be issued pursuant to the Proposed Acquisition. The approval of Bursa Securities for the above is subject to the following conditions: (i) TFP and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Acquisition and Proposed Private Placement;
(iii) TFP and TA Securities are required to inform Bursa Securities upon completion of the Proposals;
(v) TA Securities is required to furnish Bursa Securities with details of the placees in accordance with Rule 6.16 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new Shares to be issued pursuant to the Proposed Private Placement; and
(vi) Compliance by TFP with the public shareholding spread upon completion of the Proposed Acquisition. In this connection, TA Securities is required to furnish a schedule containing the information set out in Appendix 8E, Chapter 8 of the Listing Requirements to Bursa Securities, prior to the issuance of the Consideration Shares. |
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Announcement Info
| Company Name | TFP SOLUTIONS BERHAD |
| Stock Name | TFP |
| Date Announced | 17 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17122025-00011 |