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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN INIX ("INIX SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ENLARGED NUMBER OF INIX SHARES IN ISSUE (EXCLUDING ANY TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

INIX TECHNOLOGIES HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN INIX ("INIX SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ENLARGED NUMBER OF INIX SHARES IN ISSUE (EXCLUDING ANY TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcements dated 21 August 2019, 26 August 2019 and 27 September 2019 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of Inix, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 30 September 2019, resolved to approve the listing of and quotation for up to 37,545,700 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

(i) Inix and TA Securities must fully comply with the relevant provisions under the ACE Market Listing Requirements (“Listing Requirements”) pertaining to the implementation of the Proposed Private Placement;

(ii) Inix and TA Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(iii) Inix 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 30 September 2019.






Announcement Info

Company Name INIX TECHNOLOGIES HOLDINGS BERHAD
Stock Name INIX
Date Announced 30 Sep 2019
Category General Announcement for PLC
Reference Number GA1-30092019-00111




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