NEXGRAM

0.025

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES IN THE COMPANY (EXCLUDING ANY TREASURY SHARES) PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

NEXGRAM HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES IN THE COMPANY (EXCLUDING ANY TREASURY SHARES) PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PRIVATE PLACEMENT")

We refer to the announcement made on 31 October 2023, 27 November 2023 and 30 November 2023 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that the Board had on 20 December 2023 (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.0345 per Placement Share (“Issue Price”).

 

The Issue Price is at a discount of RM0.0036 or approximately 9.45% to the 5-day volume weighted average market price of Nexgram Shares up to and including 19 December 2023 (being the last market day immediately preceding the Price-fixing Date) of RM0.0381 per Nexgram Share.

 

This announcement is dated 20 December 2023.

 






Announcement Info

Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM
Date Announced 20 Dec 2023
Category General Announcement for PLC
Reference Number GA1-20122023-00030