New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackJan 03, 2022
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

TECHNODEX BHD ("TDEX" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN TDEX

(Unless otherwise defined, the definitions set out in the announcements dated 28 September 2020, 7 October 2020, 16 October 2020, 22 October 2020, 23 October 2020, 17 February 2021, 8 April 2021, 12 April 2021, 8 October 2021 and 28 October 2021 (“Announcements”) shall apply herein)


On behalf of the Board, M&A Securities is pleased to announce that the Company has fixed the issue price of the Placement Shares at RM0.1028 per Placement Share to be issued pursuant to the Private Placement.

 

The aforementioned issue price of RM0.1028 per Placement Share represents a discount of approximately 9.98% or RM0.0114 to the five (5)-day volume weighted average market price of TDEX Shares from 27 December 2021 to 31 December 2021 of approximately RM0.1142.

 

This announcement is dated 3 January 2022.


Announcement Info

Company Name TECHNODEX BHD
Stock Name TDEX
Date Announced 03 Jan 2022
Category General Announcement for PLC
Reference Number GA1-30122021-00017