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

BackFeb 18, 2019

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description

NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF NEXTGREEN ("PRIVATE PLACEMENT")

(Unless otherwise state, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 14 December 2018).

Reference is made to the announcements dated 14 December 2018, 18 December 2018, 4 January 2019, 11 January 2019 and 14 January 2019 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the first (1st) tranche of the Placement Shares has been fixed at RM0.450 per Nextgreen Share, representing a discount of RM0.049 or approximately 9.82% to the five (5)-day volume weighted average market price of Nextgreen Shares up to and including 15 February 2019, being the last trading day immediately preceding the price-fixing date of RM0.499.

 

This announcement is dated 18 February 2019.




Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 18 Feb 2019
Category General Announcement for PLC
Reference Number GA1-18022019-00152