Additional Listing Announcement /Subdivision of Shares
| MINETECH RESOURCES BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MINETECH RESOURCES BERHAD ("MINETECH"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN MINETECH (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 27,938,900 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.2810 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,165,613,800 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 166,812,692.900 |
| Listing Date | 12 Aug 2020 |
| Remarks : |
The 27,938,900 new ordinary shares in Minetech were allotted and issued pursuant to the Private Placement that was announced on 12 May 2020 and marks the completion of the Private Placement. |
Announcement Info
| Company Name | MINETECH RESOURCES BERHAD |
| Stock Name | MINETEC |
| Date Announced | 11 Aug 2020 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-11082020-00010 |