(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 5 March 2024 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 5 March 2024, 8 March 2024 and 22 March 2024 in relation to the Private Placement.
On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.93 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 1.92% to the 5-day VWAP of Nextgreen Shares up to and including 25 March 2024 of RM0.9482, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 26 March 2024.