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

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) ("PRIVATE PLACEMENT")

We refer to the announcements dated 21 August 2019, 26 August 2019, 27 September 2019 and 30 September 2019 in relation to the 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 the Board has on 10 October 2019 (“Price-fixing Date”) fixed the issue price for 13,557,000 Placement Shares at RM0.056 per Placement Share (“Issue Price”).

As such, the Issue Price represents a discount of approximately RM0.0053 or 8.65% to the 5-day volume weighted average market price of Inix Share up to and including 9 October 2019, being the last market day immediately preceding the Price-fixing Date of RM0.0613 per Inix Share.

This announcement is dated 10 October 2019.






Announcement Info

Company Name INIX TECHNOLOGIES HOLDINGS BERHAD
Stock Name INIX
Date Announced 10 Oct 2019
Category General Announcement for PLC
Reference Number GA1-10102019-00008




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