New Issue of Securities (Chapter 6 Of Listing Requirements):Fund Raising
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TECHNODEX BHD (“TDEX” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TDEX ("PRIVATE PLACEMENT") |
(For consistency, abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 17 October 2014, where applicable, unless stated otherwise or defined herein.) We refer to the announcements dated 17 October 2014, 14 November 2014 and 27 November 2014 in relation to the Private Placement. On behalf of the Board, TA Securities wishes to announce that the Board has resolved to fix the issue price for the Private Placement comprising 34,078,500 Placement Shares, representing approximately 9.98% of the issued and paid-up share capital of TDEX (excluding treasury shares) of 341,315,400 TDEX Shares at an issue price of RM0.14 per Placement Share. The issue price of RM0.14 per Placement Share represents a discount of approximately 8.56% or RM0.0131 to the 5-day VWAP of the TDEX Shares from 14 January 2015 up to and including 20 January 2015 of RM0.1531, being the last trading day of the TDEX Shares immediately preceding the price-fixing date for the Placement Shares. This announcement is dated 21 January 2015. |
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Announcement Info
| Company Name | TECHNODEX BHD (ACE Market) |
| Stock Name | TDEX |
| Date Announced | 21 Jan 2015 |
| Category | General Announcement |
| Reference No | OS-150120-59440 |