Additional Listing Announcement /Subdivision of Shares

02/09/2021

Additional 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 NEW ORDINARY SHARES IN MQ TECHNOLOGY BERHAD ("MQ TECH"), REPRESENTING NOT MORE THAN 20% OF THE ENLARGED NUMBER OF ISSUED SHARES IN MQ TECH ("MQ TECH SHARES") (EXCLUDING ANY TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 74,500,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0505
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 805,029,984
Issued Share Capital ($$) Malaysian Ringgit (MYR) 65,515,965.020
Listing Date 03 Sep 2021


Remarks :
The 74,500,000 MQ Tech Shares were allotted and issued pursuant to the Private Placement that was announced on 17 June 2021.


Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 02 Sep 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-02092021-00008