NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 564,884,100 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")
| EDUSPEC HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 564,884,100 NEW ORDINARY SHARES IN EDUSPEC, REPRESENTING UP TO APPROXIMATELY 20% OF THE ENLARGED TOTAL NUMBER OF ISSUED SHARES OF EDUSPEC (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT") |
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(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 16 March 2021 in relation to the Proposed Private Placement (“First Announcement”), where applicable, unless stated otherwise or defined herein.)
Reference is made to the First Announcement dated 16 March 2021 in relation to the Proposed Private Placement.
On behalf of the Board, Mercury Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below.
This announcement is dated 26 March 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | EDUSPEC HOLDINGS BERHAD |
| Stock Name | EDUSPEC |
| Date Announced | 26 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26032021-00039 |