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