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

BackMar 12, 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, 14 January 2019, 18 February 2019 and 28 February 2019 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price for the second (2nd) tranche of the Placement Shares has been fixed at RM0.450 each, representing a discount of RM0.04 or approximately 8.16% to the five (5)-day volume weighted average market price of Nextgreen shares up to and including 11 March 2019, being the last trading day immediately preceding the price-fixing date of RM0.490.

 

This announcement is dated 12 March 2019.




Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 12 Mar 2019
Category General Announcement for PLC
Reference Number GA1-12032019-00051