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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES TECHNA-X BERHAD ("TXB" OR "COMPANY") (I) PROPOSED DEBT SETTLEMENT; (II) PROPOSED PRIVATE PLACEMENT; AND (III) PROPOSED BONUS ISSUE OF WARRANTS; (COLLECTIVELY, THE "PROPOSALS")

TECHNA-X BERHAD

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

(I) PROPOSED DEBT SETTLEMENT;
(II) PROPOSED PRIVATE PLACEMENT; AND
(III) PROPOSED BONUS ISSUE OF WARRANTS;

(COLLECTIVELY, THE "PROPOSALS")

Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposals shall apply herein.

 

Reference is made to the announcement dated 23 September 2022 in relation to the Company's decision to defer and re-evaluate the Proposals. On behalf of the Board, M&A Securities wishes to announce that the Company has submitted an application to Bursa Securities for the withdrawal of the additional listing application for new TXB Shares to be issued pursuant to the Proposals which had been submitted to Bursa Securities for approval on 22 August 2022.

 

This announcement is dated 26 September 2022.






Announcement Info

Company Name TECHNA-X BERHAD
Stock Name TECHNAX
Date Announced 26 Sep 2022
Category General Announcement for PLC
Reference Number GA1-26092022-00053




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