QES

0.595

+0.005 (+0.8%)

OTHERS QES GROUP BERHAD ("QES" OR THE "COMPANY") VARIATIONS TO THE UTILISATION OF PROCEEDS AND EXTENSION OF TIMEFRAME RAISED FROM THE PRIVATE PLACEMENT ("VARIATIONS")

QES GROUP BERHAD

Type Announcement
Subject OTHERS
Description
QES GROUP BERHAD ("QES" OR THE "COMPANY")

VARIATIONS TO THE UTILISATION OF PROCEEDS AND EXTENSION OF TIMEFRAME RAISED FROM THE PRIVATE PLACEMENT ("VARIATIONS")

On behalf of the Board of Directors of QES (“Board”), M&A Securities Sdn Bhd wishes to announce that the Board intends to vary the utilisation of proceeds raised from the private placement of 75,830,800 new ordinary shares ("PP") which was completed on 30 October 2020. The Company has raised total proceeds of RM20.095 million from the PP (“PP Proceeds”).

 

Further details relating to the above matter are set out in the attachment herein.

 

This announcement is dated 4 March 2022.




Please refer attachment below.



Announcement Info

Company Name QES GROUP BERHAD
Stock Name QES
Date Announced 04 Mar 2022
Category General Announcement for PLC
Reference Number GA1-04032022-00059