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MULTIPLE PROPOSALS INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS "PROPOSALS")

INIX TECHNOLOGIES HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
INIX TECHNOLOGIES HOLDINGS BERHAD ("INIX" OR "COMPANY")

(I)	PROPOSED PRIVATE PLACEMENT; AND
(II)	PROPOSED DIVERSIFICATION

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

We refer to the announcements dated 21 July 2021, 23 July 2021 and 18 August 2021 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 19 August 2021, resolved to approve the listing and quotation of up to 46,660,300 new Inix 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 LR 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;

(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; and

(iv) Inix to furnish Bursa Securities with a certified true copy of the resolution passed pursuant to Sections 75 and 76 of the Act, in the event the current authority has expired.

This announcement is dated 19 August 2021.






Announcement Info

Company Name INIX TECHNOLOGIES HOLDINGS BERHAD
Stock Name INIX
Date Announced 19 Aug 2021
Category General Announcement for PLC
Reference Number GA1-19082021-00035




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