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OTHERS ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY") VARIATIONS AND EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING (VARIATIONS)

ADVANCECON HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
ADVANCECON HOLDINGS BERHAD ("ADVANCECON" OR THE "COMPANY")

VARIATIONS AND EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING (VARIATIONS)

The Board of Directors of Advancecon (“Board”) wishes to announce that the Company intends to vary the utilisation of proceeds raised from the initial public offering (“IPO”) exercise as disclosed in the Company’s Prospectus dated 19 June 2017 (“IPO Prospectus”) that was issued in conjunction with the listing of and the quotation of its entire share capital on the Main Market of Bursa Malaysia Securities Berhad on 10 July 2017. The Company has raised gross proceeds of approximately RM56.70 million from its IPO (“IPO Proceeds”).

Please refer to the details of announcement as attached.

This announcement is dated 29 August 2018.




Please refer attachment below.

Attachments

ADVCON_Announcement (final).pdf
149.6 kB



Announcement Info

Company Name ADVANCECON HOLDINGS BERHAD
Stock Name ADVCON
Date Announced 29 Aug 2018
Category General Announcement for PLC
Reference Number GA1-29082018-00054




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