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

BackOct 23, 2020
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

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, 16 October 2020 and 22 October 2020 (“Announcements”) shall apply herein)


On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 23 October 2020, approved the listing of and quotation for up to 76,708,700 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:-

 

  1. TDEX and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement; 
  2. TDEX and M&A Securities 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 23 October 2020.

 


Announcement Info

Company Name TECHNODEX BHD
Stock Name TDEX
Date Announced 23 Oct 2020
Category General Announcement for PLC
Reference Number GA1-23102020-00086