MTRONIC

0.050

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT

METRONIC GLOBAL BERHAD

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

PROPOSED PRIVATE PLACEMENT

On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the private placement of up to 500,428,000 new ordinary shares in the Company (“Metronic Shares” or “Shares”), representing 30% of the existing total number of issued Shares, to independent third-party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).

 

Please refer to the attachment for further details on the Proposed Private Placement.

 

This announcement is dated 2 April 2021.




Please refer attachment below.



Announcement Info

Company Name METRONIC GLOBAL BERHAD
Stock Name MTRONIC
Date Announced 02 Apr 2021
Category General Announcement for PLC
Reference Number GA1-02042021-00030