OTHERS GDB HOLDINGS BERHAD ("GDB" OR THE "COMPANY") - VARIATION AND EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING ("IPO")
| GDB HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | GDB HOLDINGS BERHAD ("GDB" OR THE "COMPANY")
- VARIATION AND EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING ("IPO") |
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We refer to the announcements made by the Company on 21 March 2019 and 26 March 2020 in relation to the extension of time for the utilisation of proceeds raised from the IPO (“IPO Proceeds”).
The Board of Directors of GDB (“Board”) wishes to announce that the Board has resolved to vary the intended purposes for the utilisation of part of the unutilised IPO Proceeds of RM7.525 million and to extend the timeframe for the utilisation of the remaining IPO Proceeds of RM15.525 million for a further twenty-four (24) months period up to 26 March 2023.
Please refer to the attachment for the details of the announcement.
This announcement is dated 26 March 2021. |
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Please refer attachment below.
Announcement Info
| Company Name | GDB HOLDINGS BERHAD |
| Stock Name | GDB |
| Date Announced | 26 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24032021-00022 |