NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XOX NETWORKS BERHAD (FORMERLY KNOWN AS MACPIE BERHAD) ("XOX NETWORKS" OR THE "COMPANY") PRIVATE PLACEMENT

XOX NETWORKS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
XOX NETWORKS BERHAD (FORMERLY KNOWN AS MACPIE BERHAD)
("XOX NETWORKS" OR THE "COMPANY")

PRIVATE PLACEMENT

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as those defined in the announcement dated 30 August 2021, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 30 August 2021, 22 September 2021 and 30 September 2021.

On behalf of the Board, TA Securities wishes to announce that the Board had on 22 December 2021 (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.0279 per Placement Share (“Issue Price”).

The Issue Price represents a discount of approximately 9.71% to the 5-day VWAP of XOX Networks Shares up to and including 21 December 2021 of RM0.0309, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 22 December 2021.



Announcement Info

Company Name XOX NETWORKS BERHAD
Stock Name XOXNET
Date Announced 22 Dec 2021
Category General Announcement for PLC
Reference Number GA1-22122021-00021