General Announcement

23/07/2007

TECHNODEX BHD. (TECHNODEX or Company) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN TECHNODEX BHD., REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TECHNODEX BHD. (PROPOSED PRIVATE PLACEMENT)

TECHNODEX BHD

Type

Announcement
SubjectTECHNODEX BHD. (TECHNODEX or Company)

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN TECHNODEX BHD., REPRESENTING UP TO 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TECHNODEX BHD. (PROPOSED PRIVATE PLACEMENT)

Contents :

Further to the announcement dated 11 June 2007, Kenanga Investment Bank Berhad (formerly known as K & N Kenanga Bhd) ("Kenanga") on behalf of the Board of Directors of Technodex, is pleased to announce that the Securities Commission ("SC") and the Foreign Investment Committee (via the SC) had, vide its letter dated 20 July 2007, approved the Proposed Private Placement.


The SC's approval for the Proposed Private Placement is subject to the following conditions:-

(i) Technodex/ Kenanga to fully comply with the relevant provisions in Guidance Note 8C and other relevant requirements under the SCs Policies and Guidelines on Issue/ Offer of Securities, in implementing the Proposed Private Placement; and

(ii) Technodex/ Kenanga to inform the SC upon the completion of the Proposed Private Placement.

This announcement is dated 23 July 2007.


Announcement Info

Company NameTECHNODEX BHD (MESDAQ Market) 
Stock Name TDEX
Date Announced23 Jul 2007  
CategoryGeneral Announcement
Reference NoO&-070723-52623

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