TRIVE

0.055

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OTHERS TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") - EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS FROM THE RIGHTS ISSUE WITH WARRANTS C

TRIVE PROPERTY GROUP BERHAD

Type Announcement
Subject OTHERS
Description
TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY")
- EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS FROM THE RIGHTS ISSUE WITH WARRANTS C

We refer to the circular to the shareholders of TRIVE dated 24 November 2020 (“Circular”), abridged prospectus dated 21 January 2021 (“Abridged Prospectus”) and announcements dated 17 February 2021, 23 February 2021, 24 February 2021 and 24 February 2023 (“Announcement”) in relation to the utilisation of proceeds arising from the Rights Issue with Warrants C ("Proceeds"). Unless otherwise defined, the definitions set out in the Abridged Prospectus and Announcements shall apply herein.

The Board of Directors of Trive (“the Board”) had on 24 February 2023 announced that it had resolved to extend the timeframe for the utilisation of the remaining unutilised balance of the Proceeds for another 12 months up to 24 February 2024 (“Extension of Time”).

The Board has resolved to further extend the timeframe for the utilisation of the remaining unutilised balance of the Proceeds for another 12 months up to 24 February 2025 (“Revised Timeframe”).

Please refer to the attachment for further details.

This announcement is dated 23 February 2024.




Please refer attachment below.



Announcement Info

Company Name TRIVE PROPERTY GROUP BERHAD
Stock Name TRIVE
Date Announced 23 Feb 2024
Category General Announcement for PLC
Reference Number GA1-23022024-00043