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MULTIPLE PROPOSALS VORTEX CONSOLIDATED BERHAD ("VORTEX" OR THE "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE; AND (IV) PROPOSED AMENDMENT.

VORTEX CONSOLIDATED BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
VORTEX CONSOLIDATED BERHAD ("VORTEX" OR THE "COMPANY")

(I)	PROPOSED PRIVATE PLACEMENT;
(II)	PROPOSED SHARE CONSOLIDATION;
(III)	PROPOSED RIGHTS ISSUE; AND
(IV)	PROPOSED AMENDMENT.

We refer to the announcement dated 19 October 2020 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board, TA Securities wishes to announce that the following have been submitted to Bursa Securities on 20 October 2020:

(i) additional listing application in relation to the Proposed Private Placement;

(ii) application in relation to the Proposed Share Consolidation; and

(iii) additional listing application in relation to the Proposed Rights Issue.

This announcement is dated 20 October 2020.






Announcement Info

Company Name VORTEX CONSOLIDATED BERHAD
Stock Name VC
Date Announced 20 Oct 2020
Category General Announcement for PLC
Reference Number GA1-19102020-00120