Nexgram Holdings Bhd 10% shareholders approved private place updated on 15 Jan 2018, from 21 Sep 2016, 26 Sep 2016, 18 Sep 2017, and 21 Sep 2017 to Bursa Malaysia [15 Jan 2018]

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NEXGRAM HOLDINGS BERHAD (“NEXGRAM” OR “COMPANY”) PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE EXISTING ISSUED SHARE CAPITAL OF NEXGRAM

NEXGRAM HOLDINGS BERHAD

 

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY")
PROPOSED PLACEMENT OF UP TO TEN PERCENT (10%) OF THE EXISTING ISSUED SHARE CAPITAL OF NEXGRAM

Unless otherwise defined, the definitions set out in the announcement dated 21 September 2016 shall apply herein.

Further to the announcements dated 21 September 2016, 26 September 2016, 18 September 2017, 21 September 2017 and arising from the announcement by the Company dated 6 December 2017 wherein the Company had announced that the Joint Development Agreement (“JDA”) with ChinaAsian Capital Holding Ltd to be the joint developer and turnkey contractor for the Angkasa Icon City project had lapsed and the Company had decided not to proceed with the JDA with ChinaAsian Capital Holding Ltd, M&A Securities, on behalf of the Board wishes to announce that Nexgram intends to vary/clarify the utilisation of proceeds to be raised from the Proposed Private Placement.

Kindly please refer to the attachment for the said clarification.

This announcement is dated 15 January 2018.

 

Please refer attachment below.

Attachments

150118 – PP clarification.pdf
181.7 kB

 


Announcement Info

Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM
Date Announced 15 Jan 2018
Category General Announcement for PLC
Reference Number GA1-15012018-00093

Source: http://www.bursamalaysia.com/market/listed-companies/company-announcements/5665097