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

BackJan 08, 2018
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

TECHNODEX BHD ("TDEX" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TDEX ("PROPOSED PRIVATE PLACEMENT")

(Unless otherwise defined, defined terms used in this announcement shall carry the same meanings as defined in the announcements dated 19 December 2017, 26 December 2017 and 27 December 2017 in relation to the Proposed Private Placement (“Announcements”))

We refer to the Announcements in relation to the Proposed Private Placement.

On behalf of the Board of Directors of TDEX, Alliance Investment Bank Berhad (“AIBB”) wishes to announce that Bursa Securities had, vide its letter dated 8 January 2018, approved the listing of and quotation for up to 57,826,214 new TDEX Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-

  1. TDEX and AIBB must fully comply with the relevant provisions under the ACE Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
  2. TDEX and AIBB to inform Bursa Securities upon the completion of the Proposed Private Placement; and
  3. TDEX to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.

This announcement is dated 8 January 2018.





Announcement Info

Company Name TECHNODEX BHD
Stock Name TDEX
Date Announced 08 Jan 2018
Category General Announcement for PLC
Reference Number GA1-08012018-00087