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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, 2 June 2022 and 15 June 2022 in relation to the Private Placement.

 

The Board wishes to announce that the Company and Mercury Securities have mutually agreed to terminate Mercury Securities’ services as the Principal Adviser and Placement Agent of the Company in respect of the Private Placement with effect from 31 October 2022 (“Termination”).

 

Following the Termination, Malacca Securities Sdn Bhd has been appointed as the new Principal Adviser and Placement Agent of the Company in respect of the Private Placement.


This announcement is dated 31 October 2022.






Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 31 Oct 2022
Category General Announcement for PLC
Reference Number GA1-31102022-00070




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