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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NCT ALLIANCE BERHAD ("NCT" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

NCT ALLIANCE BERHAD

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

PROPOSED PRIVATE PLACEMENT

Reference is made to the announcements on 7 October 2022, 11 October 2022, 25 October 2022 and 27 October 2022 (“Announcements”) in relation to the Proposed Private Placement. Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased to announce that Bursa Securities has vide its letter dated 11 November 2022, resolved to approve the listing of and quotation for up to 181,000,000 new ordinary shares to be issued pursuant to the Proposed Private Placement, on the Main Market of Bursa Securities subject to inter-alia the following conditions:

 

1.             NCT and Amlnvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Private Placement;

 

2.             Amlnvestment Bank to furnish Bursa Securities with the certified true copy of the resolutions passed by the shareholders at extraordinary general meeting approving the Proposed Private Placement;

 

3.             Amlnvestment Bank to inform Bursa Securities upon the completion of the Proposed Private Placement; and

 

4.             Amlnvestment Bank 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 11 November 2022.






Announcement Info

Company Name NCT ALLIANCE BERHAD
Stock Name NCT
Date Announced 11 Nov 2022
Category General Announcement for PLC
Reference Number GA1-11112022-00040




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