NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXTERIA GROUP BERHAD ("AXTERIA" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 71,676,649 ORDINARY SHARES IN AXTERIA ("AXTERIA SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF AXTERIA (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT")
| AXTERIA GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | AXTERIA GROUP BERHAD ("AXTERIA" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 71,676,649 ORDINARY SHARES IN AXTERIA ("AXTERIA SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF AXTERIA (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PROPOSED PRIVATE PLACEMENT") |
|
On behalf of the Board of Directors of Axteria ("Board"), Malacca Securities Sdn. Bhd. ("Malacca Securities") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Axteria (excluding treasury shares).
Further details of the Proposed Private Placement are set out in the enclosed attachment.
This announcement is dated 10 August 2023. |
|
Please refer attachment below.
Announcement Info
| Company Name | AXTERIA GROUP BERHAD |
| Stock Name | AXTERIA |
| Date Announced | 10 Aug 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09082023-00081 |