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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING Mi TECHNOVATION BERHAD ("Mi TECHNOVATION" OR "COMPANY") PROPOSED PRIVATE PLACEMENT

MI TECHNOVATION BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
Mi TECHNOVATION BERHAD ("Mi TECHNOVATION" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of Mi Technovation (“Board”), Affin Hwang Investment Bank Berhad (“Affin Hwang IB”) wishes to announce that the Company proposes to undertake a private placement of up to ten percent (10%) of the total number of issued shares of the Company (excluding treasury shares) to third party investor(s) to be identified at a later date and at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).

 

Please refer to the attachment for further details.


This announcement is dated 5 July 2021.




Please refer attachment below.



Announcement Info

Company Name MI TECHNOVATION BERHAD
Stock Name MI
Date Announced 05 Jul 2021
Category General Announcement for PLC
Reference Number GA1-04072021-00005




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