General Announcement for PLC
16/03/2021NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 564,884,100 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER
| EDUSPEC HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 564,884,100 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER |
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On behalf of the Board of Directors of Eduspec (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake a private placement of up to 564,884,100 new ordinary shares in Eduspec (“Eduspec Shares” or “Shares”), representing up to approximately 20% of the enlarged total number of issued Eduspec Shares (excluding treasury shares), to independent third party investor(s) to be identified later at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).
Please refer to the attachment for further details on the Proposed Private Placement.
This announcement is dated 16 March 2021. |
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Please refer attachment below.
Attachments
Eduspec (Private Placement) - Announcement (16.03.2021).pdf
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Announcement Info
| Company Name | EDUSPEC HOLDINGS BERHAD |
| Stock Name | EDUSPEC |
| Date Announced | 16 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16032021-00090 |