NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING FLEXIDYNAMIC HOLDINGS BERHAD ("FLEXIDYNAMIC" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 28,467,900 NEW ORDINARY SHARES IN FLEXIDYNAMIC ("FLEXIDYNAMIC SHARES" OR "SHARES"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FLEXIDYNAMIC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT")

FLEXIDYNAMIC HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
FLEXIDYNAMIC HOLDINGS BERHAD ("FLEXIDYNAMIC" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 28,467,900 NEW ORDINARY SHARES IN FLEXIDYNAMIC ("FLEXIDYNAMIC SHARES" OR "SHARES"), REPRESENTING APPROXIMATELY 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN FLEXIDYNAMIC PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT 2016 ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Flexidynamic ("Board"), Malacca Securities Sdn Bhd ("Malacca Securities") wishes to announce that the Company proposes to undertake a private placement of up to 28,467,900 Shares representing approximately 10% of the total number of issued Shares in Flexidynamic.

Further details of the Proposed Private Placement are set out in the enclosed attachment.

The announcement is dated 2 January 2024



Announcement Info

Company Name FLEXIDYNAMIC HOLDINGS BERHAD
Stock Name FLEXI
Date Announced 02 Jan 2024
Category General Announcement for PLC
Reference Number GA1-02012024-00092


Please refer attachment below.

  1. Flexi - Proposed Private Placement.pdf