General Announcement for PLC
02/06/2022NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE
NETX HOLDINGS BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE |
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 2 December 2021 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the announcements dated 2 December 2021, 13 December 2021, 22 December 2021 and 23 December 2021 in relation to the Private Placement.
On behalf of the Board, Mercury Securities wishes to announce that an application has been submitted to Bursa Securities on even date to seek its approval for an extension of time for the Company to complete the implementation of the Private Placement.
This announcement is dated 2 June 2022. |
Announcement Info
Company Name | NETX HOLDINGS BERHAD |
Stock Name | NETX |
Date Announced | 02 Jun 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-02062022-00044 |
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