NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING JCY INTERNATIONAL BERHAD (“JCY” OR “COMPANY”) PRIVATE PLACEMENT OF UP TO 70,000,000 NEW ORDINARY SHARES IN THE COMPANY (“PRIVATE PLACEMENT”)
| JCY INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | JCY INTERNATIONAL BERHAD (“JCY” OR “COMPANY”) PRIVATE PLACEMENT OF UP TO 70,000,000 NEW ORDINARY SHARES IN THE COMPANY (“PRIVATE PLACEMENT”) |
|
We refer to the announcements dated 29 August 2024, 30 August 2024, 10 September 2024, 13 September 2024 and 19 September 2024 in relation to the Private Placement.
On behalf of JCY, CIMB Investment Bank Berhad wishes to announce that the approval from Bursa Malaysia Securities Berhad to complete the implementation of the Private Placement will lapse after 18 March 2025.
The Board of JCY, after taking into consideration, amongst others, the prevailing market conditions, had decided not to proceed with the Private Placement.
This announcement is dated 14 March 2025. |
|
Announcement Info
| Company Name | JCY INTERNATIONAL BERHAD |
| Stock Name | JCY |
| Date Announced | 14 Mar 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13032025-00035 |