NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE
| NETX HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | NETX HOLDINGS BERHAD ("NETX" OR "COMPANY")
PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE |
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(Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the Company’s announcement dated 2 December 2021 in relation to the Private Placement.)
We refer to the Company’s announcements dated 2, 13, 22 and 23 December 2021, 2 and 15 June 2022, 31 October 2022 and 8 December 2022 in relation to the Private Placement.
On behalf of the Board, Malacca Securities Sdn Bhd wishes to announce that Bursa Securities had, vide its letter dated 7 February 2023, resolved to approve the application for a further extension of time of 6 months from 24 December 2022 until 23 June 2023 for the Company to complete the implementation of the Private Placement pursuant to Rule 6.60(1) of the Listing Requirements.
This announcement is dated 7 February 2023. |
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Announcement Info
| Company Name | NETX HOLDINGS BERHAD |
| Stock Name | NETX |
| Date Announced | 07 Feb 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04012023-00039 |