MULTIPLE PROPOSALS TECHNA-X BERHAD ("TXB" OR "COMPANY") (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED DEBT SETTLEMENT; (III) PROPOSED SHARE CONSOLIDATION; AND (IV) PROPOSED RIGHTS ISSUE WITH WARRANTS; (COLLECTIVELY, THE "PROPOSALS")
| TECHNA-X BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | TECHNA-X BERHAD ("TXB" OR "COMPANY")
(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(COLLECTIVELY, THE "PROPOSALS") |
|
Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those used in the Company’s announcements in relation to the Proposals
On behalf of the Board, M&A Securities wishes to announce that the Company had on 4 January 2024 submitted an extension of time application to issue its circular and independent advice letter to the shareholders of the Company for the Proposals.
This announcement is dated 4 January 2024. |
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Announcement Info
| Company Name | TECHNA-X BERHAD |
| Stock Name | TECHNAX |
| Date Announced | 04 Jan 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03012024-00069 |