General Announcement

05/10/2007

TECHNODEX BHD ("TDEX" or "Company") PRIVATE PLACEMENT OF UP TO 8,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN TECHNODEX REPRESENTING 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TECHNODEX ("PRIVATE PLACEMENT").

TECHNODEX BHD

Type

Announcement
SubjectTECHNODEX BHD ("TDEX" or "Company")

PRIVATE PLACEMENT OF UP TO 8,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN TECHNODEX REPRESENTING 10% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF TECHNODEX ("PRIVATE PLACEMENT").

Contents :

Further to the announcement dated 4 October 2007, Kenanga Investment Bank Berhad (formerly known as K&N Kenanga Bhd), on behalf of the Board of Directors of TDEX ("Board"), is pleased to announce that the Board has fixed the issue price of 8,000,000 new ordinary shares of RM0.10 each in TDEX ("TDEX Shares" or "Shares") to be issued pursuant to the Private Placement at an issue price RM0.52 per Share ("Issue Price"). The Issue Price represents a discount of approximately 8.8% to the five (5)-market day volume weighted average market price of TDEX Shares from 28 September 2007 to 4 October 2007 of RM0.57.


This announcement is dated 5 October 2007.


Announcement Info

Company NameTECHNODEX BHD (MESDAQ Market) 
Stock Name TDEX
Date Announced5 Oct 2007  
CategoryGeneral Announcement
Reference NoO&-071005-62729



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