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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

NETX HOLDINGS BERHAD

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

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 2 December 2021 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the announcements dated 2 December 2021, 13 December 2021, 22 December 2021, 23 December 2021 and 2 June 2022 in relation to the Private Placement.

 

On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities has, through its letter dated 15 June 2022, resolved to approve the application for an extension of time of 6 months until 23 December 2022 for the Company to complete the implementation of the Private Placement.

 

This announcement is dated 15 June 2022.






Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 15 Jun 2022
Category General Announcement for PLC
Reference Number GA1-15062022-00075




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