NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING TECHNA-X BERHAD ("TXB" OR "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN TXB ("TXB SHARES" OR "SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN TXB (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")
| TECHNA-X BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | TECHNA-X BERHAD ("TXB" OR "COMPANY")
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN TXB ("TXB SHARES" OR "SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN TXB (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT") |
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We refer to the announcements made on 5 March 2025, 13 March 2025, 21 March 2025 and 27 March 2025 in relation to the Private Placement (“Announcements”). Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the Announcements.
On behalf of the Board, Mercury Securities wishes to announce that the Board has on 30 June 2025 fixed the issue price for the first tranche of Private Placement at RM0.0700 each per Placement Share (“Issue Price”) to independent third party investor(s).
The Issue Price represents a discount of RM0.0077 or approximately 9.91% to the 5-day volume weighted average market price of TXB Shares up to and including 26 June 2025 of RM0.0777 per TXB Share.
This announcement is dated 30 June 2025. |
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Announcement Info
| Company Name | TECHNA-X BERHAD |
| Stock Name | TECHNAX |
| Date Announced | 30 Jun 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30062025-00103 |