Additional Listing Announcement /Subdivision of Shares
31/05/2022Additional Listing Announcement /Subdivision of Shares
| MQ TECHNOLOGY BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF UP TO 357,455,000 NEW ORDINARY SHARES IN MQ TECHNOLOGY BERHAD ("MQ TECH") ("MQ TECH SHARES" OR "SHARES") REPRESENTING APPROXIMATELY 40% OF THE TOTAL NUMBER OF ISSUED SHARES OF MQ TECH ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 357,455,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0360 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,251,092,031 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 83,230,536.030 |
| Listing Date | 01 Jun 2022 |
| Remarks : |
The listing of the first and final tranche of the 357,455,000 new MQ Tech Shares pursuant to the Private Placement marks the completion of the Private Placement. |
Announcement Info
| Company Name | MQ TECHNOLOGY BERHAD |
| Stock Name | MQTECH |
| Date Announced | 31 May 2022 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-31052022-00004 |
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