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 OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF NEXTGREEN (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT") |
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The terms used herein shall have the same meaning as those defined in the announcement made on 14 October 2019 unless otherwise stated.
References are made to the announcements dated 14 October 2019, 15 October 2019, 30 October 2019, 1 November 2019, 19 November 2019, 6 January 2020 and 14 January 2020 in relation to the Private Placement.
On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the second (2nd) tranche of the Placement Shares has been fixed at RM0.40 per Nextgreen Share, representing a premium of RM0.0293 or approximately 7.90% to the five (5)-day volume weighted average market price of Nextgreen Shares up to and including 5 March 2020, being the last trading day immediately preceding the price-fixing date of RM0.3707. This announcement is dated 6 March 2020. |
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Announcement Info
| Company Name | NEXTGREEN GLOBAL BERHAD |
| Stock Name | NGGB |
| Date Announced | 06 Mar 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06032020-00062 |