Mercury Securities
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Earn MS Coin when you trade with MST28. Check out MST28.
  • Try MST28 trading from Mercury Securities with rates as low as 0.05%.
  • Get FREE real time quotes on our website & App. Check out MST28.
Open Trading Account
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES TECHNA-X BERHAD ("TXB" OR "COMPANY") PROPOSED SETTLEMENT OF AN AGGREGATE AMOUNT OF RM36,000,000 DEBT OWING TO CREDITORS BY THE COMPANY VIA THE ISSUANCE OF 900,000,000 NEW ORDINARY SHARES IN TXB

TECHNA-X BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description 
TECHNA-X BERHAD ("TXB" OR "COMPANY")

PROPOSED SETTLEMENT OF AN AGGREGATE AMOUNT OF RM36,000,000 DEBT OWING TO CREDITORS BY THE COMPANY VIA THE ISSUANCE OF 900,000,000 NEW ORDINARY SHARES IN TXB

On behalf of the Board of Directors of TXB (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Company proposes to undertake the proposed settlement of an aggregate amount of RM36,000,000 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 900,000,000 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”).


Further details of the Proposed Debt Settlement are set out in the attachment.

 

This announcement is dated 23 June 2022.


Please refer attachment below.

Attachments

TXB - Debt Settlement - Announcement - 23 June 2022.pdf
244.3 kB


Announcement Info

Company Name TECHNA-X BERHAD
Stock Name TECHNAX
Date Announced 23 Jun 2022
Category General Announcement for PLC
Reference Number GA1-23062022-00079




Close