General Announcement for PLC

29/06/2022

OTHERS MQ TECHNOLOGY BERHAD ("MQ TECH" OR "THE COMPANY") REDEEMABLE PREFERENCE SHARES SUBSCRIPTION AGREEMENT

MQ TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description 
MQ TECHNOLOGY BERHAD ("MQ TECH" OR "THE COMPANY") 
REDEEMABLE PREFERENCE SHARES SUBSCRIPTION AGREEMENT

We refer to the announcements dated 20 June 2022 and 24 June 2022 in relation to the Redeemable Preference Shares Subscription Agreement. Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

The Board of Directors' of MQ Tech wishes to announce that the 8% pa is the coupon rate. As for the redemption amount is the principal amount plus interest of 8% pa.

 

The announcement is dated 29 June 2022.

 



Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 29 Jun 2022
Category General Announcement for PLC
Reference Number GA1-29062022-00058


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15/04/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 357,455,000 NEW ORDINARY SHARES IN MQ TECH ("MQ TECH SHARES" OR "SHARES") REPRESENTING APPROXIMATELY 40% OF THE TOTAL NUMBER OF ISSUED SHARES OF MQ TECH ("PROPOSED PRIVATE PLACEMENT")
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