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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TROPICANA CORPORATION BERHAD ("TCB" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN TCB REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TCB (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

TROPICANA CORPORATION BERHAD

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

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN TCB REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF TCB (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")
 
We refer to the announcements made on the 24 November 2022, 29 November 2022, 1 December 2022, 7 December 2022 and 9 December 2022 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, Mercury Securities wishes to announce that the Company had on even date submitted an application to seek Bursa Securities’ approval for an extension of time of 6 months from 8 June 2023 up to 7 December 2023 for the Company to implement and complete the Private Placement.

This announcement is dated 11 May 2023.



Announcement Info

Company Name TROPICANA CORPORATION BERHAD
Stock Name TROP
Date Announced 11 May 2023
Category General Announcement for PLC
Reference Number GA1-10052023-00009




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