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

BackJul 10, 2020
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")

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, 14 January 2020, 6 March 2020, 16 March 2020, 17 March 2020, 24 March 2020, 15 April 2020, 17 April 2020, 18 June 2020 and 26 June 2020 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the fifth (5th) tranche of the Placement Shares has been fixed at RM0.40 per Nextgreen Share, representing a premium of RM0.0766 or approximately 23.69% to the five (5)-day volume weighted average market price of Nextgreen Shares up to and including 9 July 2020, being the last trading day immediately preceding the price-fixing date of RM0.3234.

 

This announcement is dated 10 July 2020.

 


Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 10 Jul 2020
Category General Announcement for PLC
Reference Number GA1-10072020-00056