NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SYSTECH BHD. ("SYSTECH" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 64,262,559 NEW ORDINARY SHARES IN SYSTECH ("SYSTECH SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PRIVATE PLACEMENT")
| SYSTECH BHD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | SYSTECH BHD. ("SYSTECH" OR THE "COMPANY")
PRIVATE PLACEMENT OF UP TO 64,262,559 NEW ORDINARY SHARES IN SYSTECH ("SYSTECH SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PRIVATE PLACEMENT") |
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Reference is made to the Company’s earlier announcements dated 25 February 2025, 26 February 2025, 12 March 2025, 14 March 2025, 14 April 2025, 21 April 2025, 22 April 2025, 29 August 2025 and 11 September 2025 (“Earlier Announcements”) in relation to the Private Placement. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.
Pursuant to Rule 6.08A of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, SYSTECH wishes to announce the status and details of the utilisation of proceeds.
Please refer to the attachment for further details of the status and details of the utilisation of proceeds.
This announcement is dated 28 November 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | SYSTECH BHD |
| Stock Name | SYSTECH |
| Date Announced | 28 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28112025-00044 |