RENEUCO

0.005

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY") PRIVATE PLACEMENT

RENEUCO BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY")

PRIVATE PLACEMENT
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 19 March 2025 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 19 March 2025, 8 April 2025, 5 May 2025, 23 May 2025, 4 June 2025, 21 August 2025, 2 September 2025, 17 November 2025, 25 November 2025, 4 February 2026, 11 February 2026 and 13 February 2026 in relation to the Private Placement.

On 13 February 2026, the Board has fixed the issue price for the Placement Shares at RM0.035 per Placement Share. Pursuant to Paragraph 6.13 of the Listing Requirements, the payment for the Placement Shares must be received within 5 market days from the price-fixing date (i.e. by 24 February 2026) (“Payment Condition”).

On behalf of the Board, TA Securities wishes to announce that the Payment Condition was not met. Following this, the issue price of the Placement Shares shall be redetermined and refixed by the Board at a later date.

The issue price of the Placement Shares will take into consideration the prevailing market conditions and the provision of Paragraph 6.04(a) of the Listing Requirements, where the issue price shall not be at a discount of more than 10% to the 5-day VWAP of Reneuco immediately preceding the price-fixing date.

This announcement is dated 24 February 2026.





Announcement Info

Company Name RENEUCO BERHAD
Stock Name RENEUCO
Date Announced 24 Feb 2026
Category General Announcement for PLC
Reference Number GA1-24022026-00116