NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING N2N CONNECT BERHAD ("N2N" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF 52,041,431 NEW ORDINARY SHARES IN N2N ("PLACEMENT SHARE(S)"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN N2N (EXCLUDING TREASURY SHARES), TO SBI HOLDINGS. INC. AT AN ISSUE PRICE OF RM1.25 PER PLACEMENT SHARE ("PROPOSED PRIVATE PLACEMENT")

N2N CONNECT BERHAD

  Type   Announcement
  Subject   NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
  Description   N2N CONNECT BERHAD ("N2N" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF 52,041,431 NEW ORDINARY SHARES IN N2N ("PLACEMENT SHARE(S)"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN N2N (EXCLUDING TREASURY SHARES), TO SBI HOLDINGS. INC. AT AN ISSUE PRICE OF RM1.25 PER PLACEMENT SHARE ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcement dated 6 June 2018 ("Announcement").

 

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcement.)

On behalf of the Board, Affin Hwang IB wishes to announce that the application in relation to the Proposed Private Placement has been submitted to Bursa Securities on 7 June 2018.

This announcement is dated 7 June 2018.