NOVA MSC BERHAD
29 Jan 2009
|Subject||NOVA MSC BERHAD (“NOVAMSC” OR THE “COMPANY”)
PROPOSED PRIVATE PLACEMENT OF UP TO 77,202,950 NEW ORDINARY SHARES OF RM0.10 EACH IN NOVAMSC (“PROPOSED PRIVATE PLACEMENT”)
|Contents||The abbreviations used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the previous announcement made on 1 August 2008.
We refer to the earlier announcement made by OSK Investment Bank Berhad (“OSK”), on behalf of the Board of Directors of NOVAMSC, on 1 August 2008, with regard to the approval obtained from the Securities Commission (“SC”) on the Proposed Private Placement.
Further to the above, OSK wishes to announce that the SC had vide its letter dated 28 January 2009, which was received on 29 January 2009, approved the Company’s application for an extension of time for a further six (6) months to implement the Proposed Private Placement. Following the SC’s approval, the Company will be given until 31 July 2009 to complete the Proposed Private Placement.
This announcement is dated 29 January 2009.
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