General Announcement for PLC

22/12/2021

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") PROPOSED 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")

PROPOSED 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 Proposed Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the announcements dated 2 December 2021 and 13 December 2021 in relation to the Proposed Private Placement.

 

On behalf of the Board, Mercury Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below.

 

This announcement is dated 22 December 2021.


Please refer attachment below.


Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 22 Dec 2021
Category General Announcement for PLC
Reference Number GA1-22122021-00029


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Date Title
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23/12/2021 NEW 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
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