Additional Listing Announcement /Subdivision of Shares

12/10/2021

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 29,605,847
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0545
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 876,635,831
Issued Share Capital ($$) Malaysian Ringgit (MYR) 69,292,483.680
Listing Date 13 Oct 2021


Remarks :
The 29,605,847 MQ Tech Shares were allotted and issued pursuant to the 3rd and final tranche of the Private Placement which was announced on 17 June 2021 and is deemed completed.


Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 12 Oct 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-12102021-00012