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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING VERTICE BERHAD ("VERTICE" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN VERTICE ("VERTICE SHARES" OR "SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ISSUED SHARE CAPITAL OF VERTICE (EXCLUDING TREASURY SHARES, IF ANY) ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")

VERTICE BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
VERTICE BERHAD ("VERTICE" OR "COMPANY")

PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN VERTICE ("VERTICE SHARES" OR "SHARES"), REPRESENTING NOT MORE THAN 10% OF THE ISSUED SHARE CAPITAL OF VERTICE (EXCLUDING TREASURY SHARES, IF ANY) ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")
We refer to the announcements made on 1 July 2019, 11 July 2019, 18 July 2019, 2 January 2020, 16 January 2020, 3 July 2020, 14 July 2020, 17 September 2020 and 23 September 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 18,876,000 Placement Shares on the Main Market of Bursa Securities with effect from 9.00 a.m. today.

The Company wishes to inform that 18,876,000 Vertice Shares under the Private Placement have been fully issued and the Company has raised a total of RM4,341,480 from the Private Placement.

This announcement is dated 24 September 2020.





Announcement Info

Company Name VERTICE BERHAD
Stock Name VERTICE
Date Announced 24 Sep 2020
Category General Announcement for PLC
Reference Number GA1-24092020-00013