NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MAGMA GROUP BERHAD ("MAGMA" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MAGMA (EXCLUDING TREASURY SHARES, IF ANY), AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")
| MAGMA GROUP BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | MAGMA GROUP BERHAD ("MAGMA" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MAGMA (EXCLUDING TREASURY SHARES, IF ANY), AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of Magma (“Board”), Kenanga Investment Bank Berhad (“Kenanga IB”) wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Magma (excluding treasury shares, if any), at an issue price to be determined later.
Please refer to the attachment below for further details.
This announcement is dated 5 December 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | MAGMA GROUP BERHAD |
| Stock Name | MAGMA |
| Date Announced | 05 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122025-00065 |