NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING NESTCON BERHAD (“NESTCON” OR THE “COMPANY”) PRIVATE PLACEMENT OF UP TO 70,820,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING UP TO 10% OF THE TOTAL ISSUED SHARE CAPITAL OF THE COMPANY (“PRIVATE PLACEMENT”)

NESTCON BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
NESTCON BERHAD (“NESTCON” OR THE “COMPANY”)

PRIVATE PLACEMENT OF UP TO 70,820,000 NEW ORDINARY SHARES IN THE COMPANY, REPRESENTING UP TO 10% OF THE TOTAL ISSUED SHARE CAPITAL OF THE COMPANY (“PRIVATE PLACEMENT”)

Unless otherwise stated, abbreviations used herein shall be the same as those stated in the Company’s announcements dated 12 July 2024, 17 July 2024, 31 July 2024, 23 August 2024 and 30 August 2024 (collectively referred to as the “Announcements").

On behalf of the Board, M&A Securities wishes to announce that an application for extension of time of 6 months up to 30 July 2025 to complete the Private Placement has been submitted to Bursa Securities on 13 January 2025.

This announcement is dated 13 January 2025.



Announcement Info

Company Name NESTCON BERHAD
Stock Name NESTCON
Date Announced 13 Jan 2025
Category General Announcement for PLC
Reference Number GA1-13012025-00040