NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JF TECHNOLOGY BERHAD ("JF TECH" OR "THE COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES IN JF TECH IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT")
| JF TECHNOLOGY BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | JF TECHNOLOGY BERHAD ("JF TECH" OR "THE COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES IN JF TECH IN ACCORDANCE WITH THE GENERAL MANDATE PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of JF Tech, M&A Securities Sdn Bhd wishes to announce that JF Tech proposes to implement a private placement of up to 10% of the total number of issued shares in JF Tech to independent third party investor(s) to be identified at a later date.
Details of the Proposed Private Placement are set out in the attached file.
This announcement is dated 13 July 2020.
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Please refer attachment below.
Announcement Info
| Company Name | JF TECHNOLOGY BERHAD |
| Stock Name | JFTECH |
| Date Announced | 13 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13072020-00041 |