DGB

0.105

-0.005 (-4.5%)

MULTIPLE PROPOSALS DGB ASIA BERHAD ("DGB" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED PRIVATE PLACEMENT (COLLETIVELY, THE "PROPOSALS")

DGB ASIA BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
DGB ASIA BERHAD ("DGB" OR THE "COMPANY")

(I)	PROPOSED SHARE CONSOLIDATION; AND 
(II)	PROPOSED PRIVATE PLACEMENT 

(COLLETIVELY, THE "PROPOSALS")
On behalf of the Board, TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposed to undertake the following:

(i)         proposed consolidation of every 10 ordinary shares in DGB ("DGB Shares") into 1 DGB Share (“Proposed Share Consolidation”); and

(ii)        proposed private placement of up to 66,000,000 new DGB Shares after the Proposed Share Consolidation to independent third-party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).

Further details of the Proposals are set out in the attachments below.

This announcement is dated 26 June 2023.



Please refer attachment below.



Announcement Info

Company Name DGB ASIA BERHAD
Stock Name DGB
Date Announced 26 Jun 2023
Category General Announcement for PLC
Reference Number GA1-26062023-00026