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

BackJul 24, 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, 26 June 2020, 10 July 2020 and 17 July 2020 in relation to the Private Placement.

On behalf of the Board, RHB Investment Bank wishes to announce that the issue price of the sixth (6th) tranche of the Placement Shares has been fixed at RM0.40 per Nextgreen Share, representing a premium of RM0.0512 or approximately 14.68% to the five (5)-day volume weighted average market price of Nextgreen Shares up to and including 23 July 2020, being the last trading day immediately preceding the price-fixing date of RM0.3488.

 

This announcement is dated 24 July 2020.

 


Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 24 Jul 2020
Category General Announcement for PLC
Reference Number GA1-24072020-00055