TEXCYCL

0.715

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS TEX CYCLE TECHNOLOGY (M) BERHAD ("TEX CYCLE" OR "THE COMPANY") - SUBSCRIPTION OF RM10.0 MILLION IN NOMINAL VALUE OF PERPETUAL MEDIUM TERM NOTES ("PERPETUAL MTN") ISSUED BY CHIN HIN GROUP BERHAD ("SUBSCRIPTION OF PERPETUAL MTN")

TEX CYCLE TECHNOLOGY (M) BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
TEX CYCLE TECHNOLOGY (M) BERHAD ("TEX CYCLE" OR "THE COMPANY") 
- SUBSCRIPTION OF RM10.0 MILLION IN NOMINAL VALUE OF PERPETUAL MEDIUM TERM NOTES ("PERPETUAL MTN") ISSUED BY CHIN HIN GROUP BERHAD ("SUBSCRIPTION OF PERPETUAL MTN")

Pursuant to Rule 10.06 of the ACE Market Listing Requirements (“AMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of Tex Cycle (“Board”) wishes to announce that the Company, had on 9 February 2024, subscribed for RM10.0 million in nominal value of Perpetual MTN issued by Chin Hin Group Berhad (“Subscription of Perpetual MTN” or “Transaction”).

 

Further details of the Subscription of Perpetual MTN are set out in the attachment.

 

This announcement is dated 9 February 2024.




Please refer attachment below.



Announcement Info

Company Name TEX CYCLE TECHNOLOGY (M) BERHAD
Stock Name TEXCYCL
Date Announced 09 Feb 2024
Category General Announcement for PLC
Reference Number GA1-08022024-00077