NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY") RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
| MLABS SYSTEMS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") |
We refer to the announcements made on 25 October 2023, 26 October 2023, 5 February 2024, 23 February 2024, 18 March 2024, 18 June 2024, 2 July 2024, 25 July 2024 and 31 July 2024 in relation to the Rights Issue (“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 Rights Issue has been completed with the listing of and quotation for 216,598,817 Rights Shares together with 86,639,526 Warrants on the ACE Market of Bursa Securities on 1 August 2024. This announcement is dated 1 August 2024. |
|
Announcement Info
| Company Name | MLABS SYSTEMS BERHAD |
| Stock Name | MLAB |
| Date Announced | 01 Aug 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30072024-00082 |