CRPMATE

0.170

+0.005 (+3%)

OTHERS CROPMATE BERHAD ("CROPMATE" OR "COMPANY") - EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING OF CROPMATE

CROPMATE BERHAD

Type Announcement
Subject OTHERS
Description
CROPMATE BERHAD ("CROPMATE" OR "COMPANY")
- EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING OF CROPMATE

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the Prospectus of Cropmate dated 15 November 2024)

 

We refer to the Company’s Initial Public Offering (“IPO”) pursuant to the Prospectus dated 15 November 2024 (“IPO Prospectus”) issued in conjunction with the listing of and quotation for  the Company’s entire issued share capital on the ACE Market of Bursa Malaysia Securities Berhad on 5 December 2024.

 

The Board of Directors of Cropmate (“Board”) wishes to extend the timeframe for utilisation of proceeds from the IPO (“IPO Proceeds”) of RM16.695 million allocated to part finance the purchase considerations of Factory Lot 8949 and Factory Lot 8950 for an additional 6 months up to 5 June 2026 (“Extension of Time”).

 

Please refer to the attached Appendix for further details.

 

 

This announcement is dated 5 December 2025.




Please refer attachment below.



Announcement Info

Company Name CROPMATE BERHAD
Stock Name CRPMATE
Date Announced 05 Dec 2025
Category General Announcement for PLC
Reference Number GA1-05122025-00005