DYNAFNT

0.950

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING DYNAFRONT HOLDINGS BERHAD ("DHB" OR THE "COMPANY") EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT COMPLETED ON 7 FEBRUARY 2022 ("JANUARY 2022 PLACEMENT")

DYNAFRONT HOLDINGS BERHAD

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

EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT COMPLETED ON 7 FEBRUARY 2022 ("JANUARY 2022 PLACEMENT")

On 7 February 2022, the Company completed the January 2022 Placement, raising gross proceeds of RM9.0 million ("January 2022 Placement Proceeds"). The January 2022 Placement Proceeds were intended to be utilised in the manner as set out in the Company's announcements dated 7 January 2022 and 25 January 2022 (collectively, the "Placement Announcement").

 

The Board of Directors of the Company ("Board") wishes to announce that it has deliberated and resolved to extend the timeframe for the unutilised portion of the January 2022 Private Placement Proceeds ("EOT").


Please refer to the attachment for further details on the EOT for utilisation of Private Placement Proceeds.


This announcement is dated 8 February 2024.




Please refer attachment below.



Announcement Info

Company Name DYNAFRONT HOLDINGS BERHAD
Stock Name DYNAFNT
Date Announced 08 Feb 2024
Category General Announcement for PLC
Reference Number GA1-08022024-00021