Prescribed events which require immediate announcement
9.20
Based on the same facts as in Question 9.19 above, would Z Bhd be required to make an immediate announcement pursuant to paragraph 9.19(32) of the Main LR notwithstanding that Z Bhd has yet to proceed with the purchase of the additional equipment?
Yes, Z Bhd would be required to make the immediate announcement pursuant to paragraph 9.19(32) of the Main LR notwithstanding that Z Bhd has yet to proceed with the purchase. For purposes of paragraph 9.19(32) of the Main LR, listed issuers would be required to make the announcement once a decision has been made to change the proposed utilization of proceeds and not upon actual implementation of the change.