NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XOX TECHNOLOGY BERHAD (FORMERLY KNOWN AS M3 TECHNOLOGIES (ASIA) BERHAD) ("XOXTECH" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 104,267,300 NEW ORDINARY SHARES IN XOXTECH, REPRESENTING UP TO APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF XOXTECH, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER
| XOX TECHNOLOGY BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | XOX TECHNOLOGY BERHAD (FORMERLY KNOWN AS M3 TECHNOLOGIES (ASIA) BERHAD) ("XOXTECH" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 104,267,300 NEW ORDINARY SHARES IN XOXTECH, REPRESENTING UP TO APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF XOXTECH, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER |
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On behalf of the Board of Directors of XOXTech, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 104,267,300 new ordinary shares in XOXTech (“XOXTech Shares”), representing up to approximately 10% of the total number of issued XOXTech Shares, to independent third party investor(s) to be identified 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 3 June 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | XOX TECHNOLOGY BERHAD |
| Stock Name | XOXTECH |
| Date Announced | 03 Jun 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03062022-00057 |