New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising

BackMar 26, 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

(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, 8 March 2024 and 22 March 2024 in relation to the Private Placement.

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.93 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 1.92% to the 5-day VWAP of Nextgreen Shares up to and including 25 March 2024 of RM0.9482, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 26 March 2024.

 


Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 26 Mar 2024
Category General Announcement for PLC
Reference Number GA1-26032024-00037