NOVA MSC BERHAD
05 Oct 2017
Reference is made to the announcement on Issuance of Bond by Subsidiary, CNA Development Pte Ltd on 1 August 2017 (Reference No. GA1-01082017-00079)
There is an error made on the highest percentage ratio which should be 6.55% instead of 13%. Hence the paragraph on the “Highest Percentage Ratio” should read as follows:-
Highest Percentage Ratio
The highest percentage ratio of 6.55% is calculated on the basis of the proceeds which was approximately RM3.2 million from the issuance of bond over the net assets of the Group amounting RM48.6 million based on the latest audited consolidated financial statements of the Company for the financial year ended 31 March 2017.
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