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”)

HomeAnnouncements 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”)

Posted on March 2008 By Nova Hub No comments yet

NOVA MSC BERHAD
28 Mar 2008

Type Announcement
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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