NOVA MSC BERHAD
5 Aug 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 29 January 2009, with regard to the approval obtained from the Securities Commission (“SC”) for an extension of time to implement the Proposed Private Placement.
Further to the above, OSK wishes to announce that the SC had vide its letter dated 3 August 2009, which was received on 5 August 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 January 2010 to complete the Proposed Private Placement.
This announcement is dated 5 August 2009.
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