NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING VORTEX CONSOLIDATED BERHAD ("VORTEX" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 291,347,400 NEW ORDINARY SHARES IN VORTEX ("VORTEX SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 30% OF VORTEX SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY), TOGETHER WITH UP TO 145,673,700 DETACHABLE WARRANTS ("PLACEMENT WARRANT(S)") ON THE BASIS OF 1 PLACEMENT WARRANT FOR EVERY 2 PLACEMENT SHARES SUBSCRIBED FOR ("PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS")
| VORTEX CONSOLIDATED BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | VORTEX CONSOLIDATED BERHAD ("VORTEX" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 291,347,400 NEW ORDINARY SHARES IN VORTEX ("VORTEX SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 30% OF VORTEX SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY), TOGETHER WITH UP TO 145,673,700 DETACHABLE WARRANTS ("PLACEMENT WARRANT(S)") ON THE BASIS OF 1 PLACEMENT WARRANT FOR EVERY 2 PLACEMENT SHARES SUBSCRIBED FOR ("PROPOSED PRIVATE PLACEMENT OF SHARES WITH WARRANTS") |
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We refer to the announcement dated 6 July 2021 in relation to the Proposed Private Placement of Shares with Warrants (“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 additional listing application in relation to the Proposed Private Placement of Shares with Warrants has been submitted to Bursa Securities on 7 July 2021. This announcement is dated 7 July 2021. |
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Announcement Info
| Company Name | VORTEX CONSOLIDATED BERHAD |
| Stock Name | VC |
| Date Announced | 07 Jul 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07072021-00025 |