NOVA MSC BERHAD
5 Mar 2007
Type | Announcement |
Subject | NOVA MSC BERHAD (“NOVAMSC” OR THE “COMPANY”) PROPOSED PRIVATE PLACEMENT OF UP TO 34,517,825 NEW ORDINARY SHARES OF RM0.10 EACH IN NOVAMSC (“PROPOSED PRIVATE PLACEMENT”) |
Contents :
On behalf of the Board of Directors of NOVAMSC, OSK Investment Bank Berhad (formerly known as OSK Securities Berhad) (“OSK”) wishes to announce that the Company proposes to implement a private placement of up to 34,517,825 new ordinary shares of RM0.10 each in NOVAMSC (“Placement Shares”), representing not more than ten percent (10%) of the issued and paid-up share capital of the Company, to investors to be identified (“Proposed Private Placement”).
Further details on the Proposed Private Placement are set out in the file attached.
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