Additional Listing Announcement /Subdivision of Shares
| NEXTGREEN GLOBAL BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Conversion of Preference Shares |
| Details of corporate proposal | Conversion of Redeemable Convertible Preference Shares (RCPS) into ordinary shares of the Company |
| No. of shares issued under this corporate proposal | 20,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.4000 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 975,733,718 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 343,104,129.970 |
| Listing Date | 09 Feb 2024 |
| Remarks : |
The Conversion Price is RM0.40 and the RCPS shall be converted by paying RM0.35 in cash (being the difference between the Issue Price of RM0.05 and Conversion Price) in exchange for every 1 RCPS surrendered for conversion. |
Announcement Info
| Company Name | NEXTGREEN GLOBAL BERHAD |
| Stock Name | NGGB |
| Date Announced | 08 Feb 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-06022024-00015 |