Additional Listing Announcement /Subdivision Of Shares

BackFeb 08, 2024

 

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Redeemable Convertible Preference Shares (RCPS) into ordinary shares of the Company
No. of shares issued under this corporate proposal 20,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.4000
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 975,733,718
Issued Share Capital ($$) Malaysian Ringgit (MYR) 343,104,129.970
Listing Date 09 Feb 2024

 

Remarks :
The Conversion Price is RM0.40 and the RCPS shall be converted by paying RM0.35 in cash (being the difference between the Issue Price of RM0.05 and Conversion Price) in exchange for every 1 RCPS surrendered for conversion.

Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 08 Feb 2024
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-06022024-00015