PWRWELL

0.210

-0.005 (-2.3%)

OTHERS POWERWELL HOLDINGS BERHAD ("POWERWELL" OR "COMPANY") VARIATION AND EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING

POWERWELL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
POWERWELL HOLDINGS BERHAD ("POWERWELL" OR "COMPANY")
VARIATION AND EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING

The Board of Directors of Powerwell (“Board”) wishes to announce that it has resolved to vary the utilisation of proceeds raised from the Company’s initial public offering (IPO) exercise (“Variation”) and extend the timeframe for the use of such proceeds (“Extension”).

 

Please refer to the attachment for the details of the Variation and Extension.

 

This announcement is dated 30 May 2022.




Please refer attachment below.



Announcement Info

Company Name POWERWELL HOLDINGS BERHAD
Stock Name PWRWELL
Date Announced 30 May 2022
Category General Announcement for PLC
Reference Number GA1-27052022-00055