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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING INDUSTRONICS BERHAD ("INDUSTRONICS" OR THE "COMPANY") RENOUNCEABLE RIGHTS ISSUE OF 270,058,985 NEW ORDINARY SHARES IN INDUSTRONICS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH 202,544,237 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

INDUSTRONICS BERHAD

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

RENOUNCEABLE RIGHTS ISSUE OF 270,058,985 NEW ORDINARY SHARES IN INDUSTRONICS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH 202,544,237 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

We refer to the announcements made on 8 July 2022, 23 August 2022, 21 October 2022, 3 November 2022, 9 December 2022, 23 December 2022, 16 January 2023 and 26 January 2023 in relation to the Rights Issue (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of Industronics, TA Securities wishes to announce that the Rights Issue has been completed with the listing and quotation of 270,058,985 Rights Shares together with 202,544,237 Warrants on the Main Market of Bursa Securities on 27 January 2023.

 

This announcement is dated 27 January 2023.



Announcement Info

Company Name INDUSTRONICS BERHAD
Stock Name ITRONIC
Date Announced 27 Jan 2023
Category General Announcement for PLC
Reference Number GA1-27012023-00023




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