Investment In Subsidiary / 對子公司之投資
The Board of Directors (the “Board”) of Regal International Group Ltd. (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that pursuant to an investment agreement dated 19 May 2017 entered into between its wholly-owned subsidiary, Temasek Regal Capital Sdn Bhd ( “TRC”), and Koperasi Jayadiri Malaysia Berhad, (the “Investor”) (the “Investment Agreement”), the Investor has subscribed for RM10,000,000 in cumulative redeemable preference shares (the “RPS”) in TRC (the “Investment”). The Investment is to provide funding for on-going and incoming development and construction projects under TRC.
The issuance and allotment of the RPS in TRC is expected to be completed by 26 May 2017.
Regal International Group Ltd. (簡稱“公司”及旗下所有子公司統稱“集團”) 的董事會僅此宣布其全資子公司Temasek Regal Capital Sdn Bhd (簡稱“TRC”) 於2017年5月19日與Koperasi Jayadiri Malaysia Berhad (簡稱“投資商”) 簽署了投資合約 (簡稱“投資合約”)，列明投資商向TRC認購其價值RM10,000,000之纍積可贖回優先股 (簡稱“RPS”) 之事項 (簡稱“投資款項”) 。投資款項將爲TRC尚在進行中及即將展開之開發與建設項目提供資金。
TRC預計將於2017年5月26日完成RPS的發行與配置。
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