Extension of Timeframe of the Utilisation Of Proceeds Raised From The Private Placement

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Nov 07, 2023
Type Announcement
Subject OTHERS
Description

SOUTHERN SCORE BUILDERS BERHAD ("SSBB" OR "THE COMPANY") - EXTENSION OF TIMEFRAME OF THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT

The Board of Directors of SSBB (“Board”) wishes to announce that it has deliberated and resolved to extend the timeframe for the utilisation of proceeds raised from its private placement exercise which is part of its regularisation plan completed on 9 November 2022 (“Private Placement”). The Company had raised gross proceeds of RM108.61 million from the Private Placement (“Private Placement Proceeds”) following the listing and quotation of 543,047,900 ordinary shares of the Company (“Placement Shares”) at an issue price of RM0.20 per share on even date.

Kindly refer to the attachment for further details.

 

This announcement is dated 7 November 2023.

 


Announcement Info

Company Name SOUTHERN SCORE BUILDERS BERHAD
Stock Name SSB8
Date Announced 07 Nov 2023
Category General Announcement for PLC
Reference Number GA1-06112023-00057

Attachments

  1. SSBB_-_Extension_of_Timeframe_of_the_Utilisation_of_Private_Placement_Proceeds.pdf (Size: 127,757 bytes)