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Netx Holdings Berhad ANNOUNCEMENT NEWS ON 27 December 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ISSUANCE AND ALLOTMENT OF UP TO 500 MILLION NEW ORDINARY SHARES IN NETX TO MACQUARIE BANK LIMITED ("SHARE ISSUANCE")


Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ISSUANCE AND ALLOTMENT OF UP TO 500 MILLION NEW ORDINARY SHARES IN NETX TO MACQUARIE BANK LIMITED ("SHARE ISSUANCE")

(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the announcement dated 16 June 2017 in relation to the Share Issuance.)

The Company had on 26 December 2017 received a Subscription Notice and the Subscription Payment Amount for a total of 25,000,000 Subscription Shares from Macquarie Bank. Accordingly, the Company had on 26 December 2017 issued and allotted 25,000,000 Subscription Shares at an issue price of RM0.039 to Macquarie Bank. Such 25,000,000 Subscription Shares are expected to be listed and quoted on the ACE Market of Bursa Securities on 28 December 2017.

This announcement is dated 27 December 2017.






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