MULTIPLE PROPOSALS TECHNA-X BERHAD ("TXB" OR "COMPANY") (I) CAPITAL REDUCTION; (II) DEBT SETTLEMENT; (III) SHARE CONSOLIDATION; AND (IV) RIGHTS ISSUE WITH WARRANTS; (COLLECTIVELY, THE "CORPORATE EXERCISES")
| TECHNA-X BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | TECHNA-X BERHAD ("TXB" OR "COMPANY")
(I) CAPITAL REDUCTION;
(II) DEBT SETTLEMENT;
(III) SHARE CONSOLIDATION; AND
(IV) RIGHTS ISSUE WITH WARRANTS;
(COLLECTIVELY, THE "CORPORATE EXERCISES") |
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Unless otherwise stated, all abbreviations and definitions used herein shall have the same meanings as those stated in the circular to shareholders dated 16 January 2024 in relation to the Corporate Exercises (“Circular”).
On behalf of the Board, M&A Securities is pleased to announce that the Debt Settlement is deemed completed with the listing of and quotation for 2,487,830,882 Settlement Shares on the Main Market of Bursa Securities on 25 April 2024.
This announcement is dated 25 April 2024.
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Announcement Info
| Company Name | TECHNA-X BERHAD |
| Stock Name | TECHNAX |
| Date Announced | 25 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25042024-00016 |