Multiple Proposals

BackApr 01, 2021
Type Announcement
Subject MULTIPLE PROPOSALS
Description

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

(I) PROPOSED RCPS

(II) PROPOSED AMENDMENTS

(COLLECTIVELY, THE "PROPOSALS")

 

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 10 March 2021 in relation to the Proposals, where applicable, unless stated otherwise or defined herein.)

 

Reference is made to the earlier announcement dated 10 March 2021.

 

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 1 April 2021, approved the listing and quotation of up to 200,000,000 new Shares to be issued pursuant to the conversion of the RCPS, subject to, amongst others, the following conditions:-

 

(i)         Nextgreen and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed RCPS;

 

(ii)         Nextgreen and TA Securities to inform Bursa Securities upon the completion of the Proposed RCPS and the Proposed Amendments; and

 

(iii)        Nextgreen and TA Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed RCPS and Proposed Amendments are completed.

 

This announcement is dated 1 April 2021.



Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 01 Apr 2021
Category General Announcement for PLC
Reference Number GA1-01042021-00116