| Description |
Proposed acquisition of 100 ordinary shares in NCT World Sdn Bhd ("NCT World"), representing the entire equity interest in NCT World, for a purchase consideration of up to RM490,256,718 to be satisfied via the issuance and allotment of up to 104,166,667 new ordinary shares in NCT ("NCT shares") ("Consideration Shares") at an issue price of RM0.48 per Consideration Share and 917,201,496 new redeemable convertible preference shares ("RCPS") in NCT ("consideration RCPS") at an issue price of RM0.48 per Consideration RCPS ("Proposed Acquisition")
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| Description |
Proposed settlement of advances of RM50.0 million ("V1 Advances") extended by NCT Venture Corporation Sdn Bhd ("NCT Venture") to NCT World and its subsidiaries ("NCT World group") via the issuance and allotment of 104,166,667 new NCT shares ("Settlement Shares") at an issue price of RM0.48 per Settlement Share ("Proposed Settlement")
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