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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NCT ALLIANCE BERHAD (FORMERLY KNOWN AS GRAND-FLO BERHAD) (NCT OR THE COMPANY) - PRIVATE PLACEMENT 1; and - PRIVATE PLACEMENT 2

NCT ALLIANCE BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
NCT ALLIANCE BERHAD (FORMERLY KNOWN AS GRAND-FLO BERHAD) (NCT OR THE COMPANY)
-	PRIVATE PLACEMENT 1; and
-	PRIVATE PLACEMENT 2

Reference is made to the initial announcements in regard to Private Placement 1 and Private Placement 2 on 2 March 2021. Unless otherwise defined, the definitions set out in the previous announcements shall apply herein.

 

On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 29 November 2021 approved the application for an extension of time of six (6) months until 11 May 2022 to complete the Private Placement 2.

 

In regards to Private Placement 1, on behalf of the Board, AmInvestment Bank wishes to announce that approval from Bursa Securities had lapsed on 11 September 2021 and hence the Private Placement 1 is deemed to have been completed with the listing of 73,223,364 Shares at an issue price of RM0.40 per Share on 23 March 2021.

 

This announcement is date 29 November 2021.






Announcement Info

Company Name NCT ALLIANCE BERHAD
Stock Name NCT
Date Announced 29 Nov 2021
Category General Announcement for PLC
Reference Number GA1-29112021-00059




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