New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
BackMar 22, 2024
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR THE "COMPANY") PRIVATE PLACEMENT |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 5 March 2024 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 5 March 2024 and 8 March 2024 in relation to the Private Placement. On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 22 March 2024, resolved to approve the listing and quotation of up to 102,573,700 Placement Shares to be issued pursuant to the Private Placement, subject to the following conditions: (i) Nextgreen and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Private Placement; (ii) TA Securities to inform Bursa Securities upon the completion of the Private Placement; (iii) TA Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed; and (iv) where relevant, Nextgreen or TA Securities to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the forthcoming annual general meeting for the authority to issue shares pursuant to Sections 75 and 76 of the Companies Act, 2016 before the listing and quotation of the ordinary shares. This announcement is dated 22 March 2024. |
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Announcement Info
| Company Name | NEXTGREEN GLOBAL BERHAD |
| Stock Name | NGGB |
| Date Announced | 22 Mar 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22032024-00053 |