NOVA MSC BERHAD
28 Mar 2008
|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||On behalf of the Board of Directors of NOVAMSC (“Board”), OSK Investment Bank Berhad (“OSK”) wishes to announce that the Company proposes to implement a private placement of up to 77,202,950 new ordinary shares of RM0.10 each in NOVAMSC (“Placement Shares”), representing up to twenty percent (20%) of the issued and paid-up share capital of the Company (“Proposed Private Placement”).
Further details of the Proposed Private Placement are set out in the attachment below.
This announcement is dated 28 March 2008.
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