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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NESTCON BERHAD ("NESTCON" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN NESTCON

NESTCON BERHAD

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

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED SHARES IN NESTCON

Unless otherwise defined, the definitions set out in the announcement dated 13 July 2022 ("Announcement") shall apply herein.

 

On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 3 August 2022, approved the listing of and quotation for up to 64,382,000 new ordinary shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

 

1. Nestcon and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;

 

2. Nestcon and M&A Securities to inform Bursa Securities upon the completion of the Proposed Private Placement; and

 

3. Nestcon 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.

 

This announcement is dated 3 August 2022.

 






Announcement Info

Company Name NESTCON BERHAD
Stock Name NESTCON
Date Announced 03 Aug 2022
Category General Announcement for PLC
Reference Number GA1-03082022-00052




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