TECHNAX

0.015

+0.005 (+50%)

MULTIPLE PROPOSALS TECHNA-X BERHAD ("TXB" OR "COMPANY") (I) PROPOSED CAPITAL REDUCTION; (II) PROPOSED DEBT SETTLEMENT; (III) PROPOSED SHARE CONSOLIDATION; (IV) PROPOSED RIGHTS ISSUE; AND (V) PROPOSED BONUS ISSUE OF WARRANTS; (COLLECTIVELY, THE "PROPOSALS")

TECHNA-X BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
TECHNA-X BERHAD ("TXB" OR "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; 
(IV) PROPOSED RIGHTS ISSUE; AND
(V) PROPOSED BONUS ISSUE OF WARRANTS;

(COLLECTIVELY, THE "PROPOSALS")

Unless otherwise redefined, the definitions set out in the earlier announcements in relation to the Proposals shall apply in this announcement.

 

On behalf of the Board, M&A Securities is pleased to announce that the listing application and draft Circular to shareholders in relation to the Proposals have been submitted to Bursa Securities.

 

 

This announcement is dated 20 January 2023.






Announcement Info

Company Name TECHNA-X BERHAD
Stock Name TECHNAX
Date Announced 20 Jan 2023
Category General Announcement for PLC
Reference Number GA1-20012023-00057